Lenders Fees
So you have got the mortgage sorted out and the deposit is saved, there's nothing else to pay is there?

Below is a summary of the main items that you will normally need to pay when buying a property:

Higher Lending Charge
Most lenders are happy to lend up to 75% of the purchase price or valuation of your home.
If you need to borrow more than this, the lender may want to take out an insurance policy known as 'Higher Lending Charge'. This is arranged by the lender for their own benefit.
You may have to pay a one off premium for this although most lenders will allow you to add this to the mortgage.
Some lenders will not charge this even if you borrow up to 125% of the value of the property.

Application, Arrangement and Booking Fees
Most mortgage lenders charge application fees to cover their initial administration costs. Fees are especially common with limited offers like fixed rates and may not be refundable if your purchase does not go through. Payment of the fee secures the rate for you for a period of time so that if rates were to change before you complete on the purchase you will still get the rate applied for. Some times these fees can be added to the mortgage.