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Lenders Lambasted For Their 'outrageous' £1,500 Charge

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Lenders lambasted for their 'outrageous' £1,500 charge

This is the higher lending charge (HLC), previously known as the mortgage indemnity guarantee (MIG). It typically costs £1,500 and is levied by three-quarters of lenders, according to financial analyst Moneyfacts, on those who can't afford to put down a deposit of 10 per cent of the asking price.

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  • 336 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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