what are the typical mortgage loan costs
If you already had a mortgage, check your keyacts illustration or European Standard Information Sheet (ESIS) document to see what the cost is. Typically the charges range from 1â5% of the value of the early repayment. For example, a Â£100,000 mortgage with a 3% charge would cost you Â£3,000. This covers lender costs if you repay all or part of your mortgage earlier than the agreed term or deal period.