Halifax has launched a two year, fee free, fixed rate first-time buyer mortgage, at 5.99%. According to the lender, today’s first-time buyer typically pays a product fee of around £995, and in addition to waiving any fee, Halifax is offering £500 cash-back on its new deal, which can be put towards costs such as conveyancing [...]
fees
Halifax supports first-time buyers
Halifax has launched a two year, fee free, fixed rate first-time buyer mortgage, at 5.99%. According to the lender, today’s first-time buyer typically pays a product fee of around £995, and in addition to waiving any fee, Halifax is offering £500 cash-back on its new deal, which can be put towards costs such as conveyancing [...]
Mortgage comparisons distorted by fees
Mortgage providers are charging their customers a total of 39 different types of fee, according to new research by Which? Money.
The consumer group claims that four in five two-year tracker mortgages for up to 90% loan-to-value (LTV) ratio were charging over £990 in set-up fees in 2010, compared to one in five in 2007.
In fact, [...]
