By Peter O’Brien | 09 August 2017 09:38:42For the most part, investment classes are pretty cheap.
The average annual fee for a basic investment class is just over £1,000, but that’s just a small fraction of the costs that you might incur on a high-interest-rate home loan.
The annual fees for the three highest-cost categories of investment classes have varied widely across the UK over the years.
Investing classes are more expensive than traditional mortgages, but it’s not as if you can simply borrow money and then spend it on something else.
For the average mortgage, there are annual fees of around £1.5 million and for the average home loan, there’s an annual fee of around just under £5,000.
Here’s a breakdown of the different types of investment class in the UK.
Investment class fee for the most expensive type of investment