Skipton has just started charging £800 for its 6.7% variable rate deal. Normally these charges have only been for fix rate deals.
http://www.telegraph.co.uk/money/mai...ortgage105.xml
For the BTL sector, I've seen arrangement fees of 3% are on the cards- ouch!, though many will try to sell up to avoid this, and use the lower capital gains tax to soften the blow
"Fears emerged that the housing market faces further falls as thousands of buy-to-let property investors are planning to sell up because of new capital gains tax rules coming into force tomorrow. The tax rate falls from as high as 40 per cent to 18 per cent, which could save investors more than £20,000 in tax on any profit of £100,000."
http://www.telegraph.co.uk/money/mai...ortgage105.xml
For the BTL sector, I've seen arrangement fees of 3% are on the cards- ouch!, though many will try to sell up to avoid this, and use the lower capital gains tax to soften the blow
"Fears emerged that the housing market faces further falls as thousands of buy-to-let property investors are planning to sell up because of new capital gains tax rules coming into force tomorrow. The tax rate falls from as high as 40 per cent to 18 per cent, which could save investors more than £20,000 in tax on any profit of £100,000."
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