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IMAB UK - Mortgage and Remortgage Costs Page
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Mortgage Guarantee Premiums

This is a one off insurance premium charged by the lenders where the mortgage or remortgage exceeds 70% of the value of your property. This insurance covers the lender in the event of repossessions. Not all Building Societies and lenders charge this fee, which can be a substantial amount, and is a factor we take into account when recommending a mortgage to you.

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IMAB UK Mortgage Brokers, Turncroft House, 89 Turncroft Lane, Offerton, Stockport, Cheshire, UK SK1 4AR
Telephone: 0161 480 1170 / 1172 Fax: 0161 476 0527 Email: imab@supanet.com