Mortgage fees now for standard rate deals

[Turion]

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."

[PAH]

Don't mention Skipton to me.

I once bought a bicycle in Skipton to ride home on, thinking I was still as fit as the time I used to cycle all over the place in my teens. The experience nearly killed me, and put me off bikes for life. Never been back since.

[Turion]

Skipton are great. I've got a cash ISA with them. Hopefully they can up the rate a bit now