Person Giving Keys on Man

Data published by Moneyfacts reveal that the average mortgage fee is around £1,005 – this is the highest average fee since August 2013.

Moneyfacts Finance Expert, Charlotte Nelson

“Providers are currently fighting among themselves to be seen as the lender offering the lowest rate on the market, all in a bid to attract borrowers who are considering remortgaging after the recent rate rise by the Bank of England.”

More detail available here.