Thisismoney.co.uk - Mortgage fees rise and cashback options disappear: Here's how to work out the cheapest rate for you
Mortgage borrowers are paying higher arrangement fees than they were five years ago while cashback deals have declined.
On top of coping with higher interest rates, borrowers face an average fee of £1,129 on fixed rate mortgages, according to rates monitor Moneyfacts.
Aaron Strutt of mortgage broker Trinity Financial added: 'Borrowers need to do their sums to work out if paying the higher fees makes sense. 'That said, many people want the cheapest possible rate to minimise their monthly repayments.'
Get started today
Speak to one of our mortgage experts. Book an appointment to come and see us or request one of our experts to call you.
As seen in
