Friday, June 27, 2008

Yet More Mortgage Expense

Halifax launches £245 mortgage 'entry' fee

Halifax has risked the wrath of mortgage borrowers by introducing a £245 charge for new customers - accused of being the return of the mortgage exit fee under a different name. The so-called 'mortgage account fee' will effectively end the bank's fee-free mortgage range as it will apply even to those who choose to pay a higher interest rate to avoid arrangement fees.

Posted by wilee @ 06:11 PM (532 views)
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