Charges
Charges applied to mortgage accounts
Please refer to our Tariff of Mortgage Charges leaflet for full explanations – download here as a pdf document.
For our Tariff of Mortgage Charges for Customers in Arrears – please download here as a pdf document.
| Fee Purpose | Fee | |
|---|---|---|
| Main Advance Standard Applications Valuation – Purchase Price | Basic | RICS* Homebuyer |
| Up to £80,000 | £150.00 | £350.00 |
| £80,001 – £100,000 | £170.00 | £375.00 |
| £100,001 – £120,000 | £190.00 | £400.00 |
| £120,001 – £150,000 | £210.00 | £450.00 |
| £150,001 – £200,000 | £240.00 | £500.00 |
| £200,001 – £250,000 | £260.00 | £550.00 |
| £250,001 – £300,000 | £290.00 | £600.00 |
| £300,001 – £350,000 | £330.00 | £650.00 |
| £350,001 – £400,000 | £360.00 | £700.00 |
| £400,001 – £450,000 | £410.00 | £750.00 |
| £450,001 – £500,000 | £450.00 | £800.00 |
| £500,001 – £700,000 | £580.00 | £950.00 |
| £700,001 – £900,000 | £690.00 | £1045.00 |
| £900,001 – £1,100,000 | £820.00 | by arrangement |
| £1,100,001 – £1,250,000 | £920.00 | by arrangement |
| £1,250,001 – £1,500,000 | £1100.00 | by arrangement |
| £1,500,001 – £1,750,000 | £1250.00 | by arrangement |
| £1,750,001 – £2,000,000 | £1450.00 | by arrangement |
| Main Advance – Self Build Applications Valuation – Purchase Price | Basic | |
| Up to £250,000 | £360 | |
| £250,001 – £500,000 | £500 | |
| £500,001 – £750,000 | £700 | |
| £750,001 – £1,000,000 | £900 | |
| £1,000,001 – £1,250,000 | £1,100 | |
| £1,250,001 – £1,500,000 | £1,300 | |
| £1,500,001 – £1,750,000 | £1,550 | |
| £1,750,001 – £2,000,000 | £1,800 | |
| Further Advances | ||
| Revaluation** | £100.00 | |
| General | ||
| Valuer’s reinspection | £100.00 | |
| Insurance arrangement fee | £25.00 | |
| Unpaid Cheque | £25.00 | |
| Unpaid Direct Debit | £25.00 | |
| Electronic Transfer | £25.00 | |
| Redemption figure request (no charge for first copy requested each year) | £25.00 | |
| Mortgage discharge | £150.00 | |
| Title Insurance | £78.40 *** | up to £500,000 |
| Amendment to terms of mortgage contract | £95.00 | |
| Transfer of equity | £170.00 | |
| Unpaid ground rent/service charge | £40.00 | |
| Reference supplied to another lender | £50.00 | |
| Deed of postponement | £65.00 | |
| Release of part security | £60.00 plus legal fees | |
| Tenancy agreement administration fee | £75.00 | |
| Monthly arrears administration | £50.00 | |
| Legal proceedings administration | £35.00 | |
| Review/Approval of Legal documentation | from £65.00 | |
| Solicitors costs in relation to arrears | (variable) | |
| Mortgage possession administration | £200.00 | |
| Trace fee | £75.00 | |
| Third party Field Agent or Home Visit | £100 | |
| Third party fees | (variable) | |
| Letter Before Warrant | £10.00 | |
| Access to personal records under data protection act | £10.00 |
There may be other charges specific to individual mortgage products. These will be explained in the product sheet, the European Standardised Illustration Sheet (ESIS) and your mortgage offer.
Credit Card payments will only be accepted for the payment of application and valuation fees.
* The RICS valuation fee may vary and the figures quoted are a guide only. We will confirm to you the cost of the RICS valuation.
** In certain circumstances a full valuation will be carried out (see Main Advance Valuation Fees above). In these instances you will be advised of the fee payable before your further advance application is processed.
*** Title Insurance Fee £78.40 for loans up to £500,000 – please contact us for a quotation where the loan amount exceeds £500,000.
Where we introduce new charges, or increase existing charges, we will tell you personally at least 30 days prior to implementation. A change which abolishes a charge, or reduces the amount of an existing charge, may be introduced with immediate effect and without notice. Any changes in respect of charges will be advertised in each of the Society’s branch offices.