Average mortgage fees rise to £1,141

The average fee charged on a fixed-rate mortgage, excluding no-fee products, has increased by £46 since March 2023, reaching £1,141. According to Moneyfactcompare.co.uk, the proportion of fixed-rate mortgage deals offering perks such as free legal fees or cashback has decreased. The website found that just over a third (35%) of fixed-rate deals do not charge a product fee, down from 43% at the start of March last year. 

Evening Standard (04/03/2024)   The Daily Mirror (04/03/2024)   The Independent (04/03/2024)