Expert Property Managers in East Kilbride

Mortgage Fees: Everything You Need to Know In this three-minute read, we give you the lowdown on mortgage fees. When it comes to finding the best mortgage deal, there’s one question savvy home buyers should ask themselves. And it’s not: “Which deal is offering the lowest interest rate?”. While interest rates are obviously important, mortgage hunters should ask: “Which deal represents the best value overall?”. That’s because many of the ultra-low interest rate deals available right now come with fees. For some home buyers, a zero-fee product with a slightly higher interest rate will represent better value in the long term. (It all depends on the size of your deposit and the amount you wish to borrow.) So, before you sign on the dotted line, weigh up all your options and seek independent advice. Here’s a handy guide to the different types of mortgage fees to help you with your research.