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Home>Glossary>Lender fee

Lender fee

Mortgages & secured lending
A general fee charged by a lender for setting up credit.

Overview

Lender fees can include arrangement, booking, or admin fees.

They are part of the total cost of borrowing.

Why it matters

  • Fees affect the true cost of a deal.
  • They can reduce the value of a low rate.
  • They should be compared across lenders.

FAQs

Are lender fees always disclosed?

Yes, they should be shown in the product information.

Can I negotiate lender fees?

Sometimes, but it depends on the lender.

Related terms

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