What other fees might I have to pay?
If you arrange a mortgage through a broker, rather than a bank or building society, then you can expect to pay a mortgage broker fee of around £500 (this can vary depending on the value of the mortgage). Some brokers will take commission from the mortgage lender, rather than charging you directly.
Keep in mind that some of the costs listed above will be applicable each time you move, while others might not. When taking out a mortgage, you may be advised by the lender that some of the above costs can be added to the mortgage. Be aware, though, that this will increase your debt and you’ll have to pay more interest.
It’s also worth noting that there will be other expenses for you to consider, such as buildings and contents insurance and removal costs.