UK Mortgage Fees

UK Mortgage Lenders charge a varity of fees, on application, completion, and redemption. Click on the links below for a full explanation of any fee.

• valuation fee
  Valuation Fee - You will usually be offered a choice between three types of valuation - Mortgage Valuation, Homebuyers Valuation, Full Structural Survey
  
  
• higher loan to value fee
  Higher Loan to Value Fee - The higher loan to value fee, used to commonly be called a "mortgage indemnity guarantee premium".
  
  
• redemption penalty
  Redemption penalty - Once upon a time, there was no such thing as a redemption penalty. Borrowers stayed with the same mortgage lender for life, happily paying the lenders Standard Variable Rate.
  
  
• other mortgage fees
  Other Mortgage Fees - Mortgage lenders levy a variety of other mortgage fees, on application, completion, during the mortgage term, and on redemption.