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Higher Lending Charge - If the amount you wish to borrow is more than 75 % of your homes value, you may have to pay a Higher Lending Charge (HLC) . The Higher Lending Charge acts as an insurance which will protect your mortgage lender from losses in the unlikely event that your home is repossessed due to arrears and your inability to make mortgage repayments. This charge is normally applied to mortgages of 75% LTV or higher, the premium payments for this will be made by your self, however you will need to understand that this insurance will only cover the lender and not your self.
Remortgage Frequently Asked Questions
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No information on this website is intended to constitute advice. This site contains a summary of the information relating to the products. If you are interested in any of the information on the site, you should seek information from us. We cannot guarantee that information will be accurate, complete and current at all times. All information on our Website is subject to change without notice.





