I'm looking to take out a mortgage for moving to another house.
I've seen some interesting deals from Alliance Leicester, including some nice tracker deals but alas they seem to have some huge arrangement fees (2% or more) which equates to a few thousand pounds.
I appreciate they also do another deal or two where the fee is mcuh much less, but the amount you pay monthly goes up to compensate it seems (i.e. the tracker percentage rate is higher).
I think this is the same with other lenders too.
Does anyone know of a way to get rid of the arrangement fees somehow, perhaps by having an account with the lender, or using some special deal or whatever?
Also, if anyone knows of a tracker deal better than the Alliance and Leicester, please do let me know.