Realistbear Posted June 4, 2007 Share Posted June 4, 2007 http://news.sky.com/skynews/article/0,,304...5,00.html?f=rss Alert Over Fixed Rate Mortgages Updated: 12:05, Monday June 04, 2007 Home owners coming towards the end of fixed mortgage deals are being warned to expect a hike in arrangement fees as well as higher repayment rates. People who took out a two-year fixed rate mortgages in the second quarter of 2005 could see their monthly mortgage bill rise by up to a third, research found. Be on the look out Be on the look out Brown Balls are coming to get YOU And by moving to a new fixed deal to soften the impact, borrowers could be forced to stump up fees in excess of £1,000 to obtain today's leading rates. In all, up to one million people could be heading for a nasty shock as they see deal terms finish and mortgage rates jump in 2007. SKY busy putting the frighteners out. Quote Link to comment Share on other sites More sharing options...
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