A cheap rate mortgage or a higher rate with no costs?

Refinance home distilling cash by renewing home loan: Every year many people refinance their mortgage. Why and what to look out for.
Mortgages. Regulations tighten on interest only mortgages.: Interest only mortgages have been very popular, especially amongst first time buyers. But the FSA has now introduced restrictions. This article explains.
Mortgages. First time buyers let down by the governments Homebuy scheme.: At this stage, the Governments Homebuy mortgage scheme for firsttime buyers seems a waste of time. This article explains why.
Loans. Mortgages. Credit cards. Interest rate rises around the corner.: The financial institutions are expecting interest rates to rise. When and what's expected?
Mortgaging for funds: A new study has found that pensioners are concerned that they will have to sell their homes or take in lodgers to make ends meet.
HIP's – the full story: Ready, steady, go! With just three months to sell your home using the forthcoming and compulsory information pack, you need to get your act together. Here we face the facts.

We've all seen them in the ( home insurance quotes ) national press and on the Internet - mortgages with incredibly low interest rates. Lenders know that it's a low interest rate that pulls in the punters so they bust a gut to out do their opposition. The only problem is that these super low rates mean that the ( travel insurance ) lenders have to recover some of their money in other ways. High arrangement fees is a classic solution.

Arrangement fees are charged to cover the cost of administering the mortgage application and ( Car insurance quotes ) reserving the mortgage monies. Sometimes these fees can be added to the mortgage and sometimes they have to be paid upfront. And they can vary greatly, not only between lenders but even between the mortgages offered by the same lender.

Most arrangement fees are in the £399 to £699 range and clearly work out cheaper for ( online car insurance ) larger mortgages. But some lenders such as the Stroud & Swindon Building Society, charge 1% fees on top of some of their mortgages. On a £150,000 ( unsecured loans ) mortgage that's a whacking £1,500! Not to be taken lightly!

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