Lender fee
Mortgages & secured lendingA 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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