What is an Exit Fee for HMO Mortgages?
Definition: a charge levied by HMO mortgage lenders when borrowers repay loans early or switch lenders, typically during fixed or discounted rate periods, protecting lenders from early repayment losses.
Definition: a charge levied by HMO mortgage lenders when borrowers repay loans early or switch lenders, typically during fixed or discounted rate periods, protecting lenders from early repayment losses.