Tag: same day payday loans

You know something is wrong in the mortgage market when borrowers are willing to hand over a five-figure sum just to get their hands on a new loan. Yet that is precisely what one lender is banking on. This week, Skipton Building Society launched a mortgage with a fee costing 5 pc of the value of the loan. A borrower with a £200,000 mortgage would pay a stonking £10,000 just…