Mortgage

Beware Of Mortgage Redemption Fees

Recent research by the Moneyfacts mortgage team has highlighted an alarming increase in the number of mortgage providers who have increased their redemption fees.

In the twelve months to 31 March 2005, 53 providers have upped their redemption penalty, 23 of which have increased by over 100%. Some examples of the higher fees are Alliance & Leicester increasing their fee from

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