A fee charged by a lender to secure mortgage funds, payable at the time the loan application is submitted and normally applies only to special offer loans, such as fixed or capped rates. See fee, arrangement fee, fees added to loan, conveyancing fee, land registry fees, IGP, stamp duty and valuation fee.

As well as booking fees applicants may have to pay broker fees, valuation fees, solicitor fees through conveyancing, stamp duty, estate agent fees, mortgage administration fees/ arrangement fees, redemption penalies.

It can be an expensive business to remortgage or purchase a home. Some fees can be added to the loan and you might be able to find a broker that will do it fee free cutting out the broker fee but maintaining the good advice.