As a way of luring in new customers, many of our whole of market mortgage panel, offer mortgage deals with low set up costs.
Lenders may offer incentives such as a free mortgage valuation, free conveyancing fees a low or no product fee(also known as arrangement fee).
Various lenders whether banks or building societies offer these low cost mortgage deals as a way of attracting new business as everyone likes to save money where they can.
Some mortgage lenders also offer cashback deals where a specified amount of cash is paid to the applicant on completion.
Although some of these offers look great, you should always discuss these deals with a mortgage expert as lenders have been know in the past to try and pull wool over ones eyes.  This may be by offering a great looking deal with loads of enticing incentives but with a penalty here and a charge there to try and compensate for their “apparent” generosity. 
For more info on any low cost mortgage deals, please click here and one of our experts who will be in touch shortly.