Mortgage Glossary

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What follows is the definition for the term Booking Fee and Arrangement Fee as it relates to mortgages in the UK.

Booking Fee and Arrangement Fee

Booking Fee and Arrangement fees, are charged in connection with some mortgages, often they are charged in connection with a fixed or capped rate loans.

The fee is normally non-refundable if charged upfront, sometimes it is added to the mortgage debt on completion.  

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