As if buying a house isn't expensive enough ... £1250 in fees to the lender, because they won't make enough from me over the rest of the mortgage term?
Seems out of proportion to the actual effort involved in originating the mortgage, doesn't it.
Their ideal scenario is for customers to switch product every few years to keep triggering these fees - with interest rates this low they have to squeeze every drop out of the lemon.
As if buying a house isn't expensive enough ... £1250 in fees to the lender, because they won't make enough from me over the rest of the mortgage term?
Fuckers.