What are typical arrangement fees?
Lender arrangement fees range from 0–3 % of the loan amount depending on the perceived lending risk associated with the property transaction.
Arrangement fees are usually included within the loan and deducted when it completes
Some lenders may charge a non-refundable commitment fee which is part of the overall arrangement fee, payable upon acceptance of the formal mortgage offer.
Commercial Mortgage Guide
- What is a commercial mortgage?
- When are commercial mortgages applicable?
- Who can apply for a commercial mortgage?
- what-is-the-Recovery-Loan- Scheme
- Where can I find the best deals?
- Can I mortgage leasehold and freehold properties?
- What are typical arrangement fees?
- What other fees might I incur?
- What are the benefits of using a broker?
- What is the typical loan to value ratio (LTV)?
- Why can't I find a table of rates?
- Which properties qualify as commercial?
I have to place on record that working with you guys is far more pro-active that the main banks - I'm finding them slower than ever in their response time and internal procedures, you are very refreshing, keep up the good work.
