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Mortgage Application Fees Have Increased by 20% in the Last Three Years

Posted byTulloch Priest
Tulloch Priest
Founding Member of Priest Properties Ltd
User is currently offline
on Thursday, 14 June 2012
in Interest Rates
An article in Property Wire has reported that average mortgage application fees have increased by 20% during the past three years, and buyers are urged to look beyond advertised interest rates in order to find the best deal. Researchers have pointed out that lower rates don't necessarily indicate a better product, and the borrowers should check application fees to ensure they don't end up paying more than is necessary.However this might be easier said than done, as Moneysupermarket has found it's now more difficult for borrowers to do a price comparison of mortgage products than just a few years ago. A...

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