M
MachuPicchu
Guest
I have a 100% mortgage on an investment property that I closed on recently. To get 100% I had to have a 25% cross charge on a mortgage-free property I own. To my surprise I am now been charged significant addtional legal fees for the creation of this cross charge e.g. searches, miscellaneous, land registry, professional fees etc. Is a cross charge the same as a mortgage? Does a cross-charge normally cost a lot?