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Home » Mortgages » Administration Fees

Mortgage Fees

From 1st August 2011
 Name of feeAmount Chargeable £
1. Valuation/Application fee Valuer's fee up to 30
2. Re-inspection/final inspection 80
3. Revaluation 80
4. Further advance - administration max 75
5. Second mortgage questionnaire and Lender reference completion max 75
6. Own buildings insurance single payment 25
7. Charge of own buildings insurance cover single payment 25
8. Transfer of mortgage type max 35
9. Deed production/release 50
10. Sealing fee/Land Registry administration 100
11. Deeds Storage per year 25
12. Early Repayment Charge - see individual Mortgage Conditions  
13. Duplicates: Statements, Statement of Mortgage Interest 20
14. Arrangement fee - see individual Mortgage Conditions  
15. Transfer of Equity 75
16. Redemption Request 3rd & subsequent requests - 25
17. Register 2nd Charge 25
18. Deed of Postponement 50
19. Product switch fee 275
20. Release of part security 50
General Fees
From 1st August 2011
 Name of feeAmount Chargeable £
21. International transfers max 50
22. Electronic Transfer of funds 30
23. Returned unpaid cheque 25
24. Return of standing order/direct debit 25
25. Swearing Affidavit 25
26. Duplicate Section 975 Statement 20 per financial year
27. Account Administration letter 25
28. Data Protection Act Enquiry Charge 10
29. Lost Passbooks - Replacement 10
30. Certifying documents e.g. passports etc. 10
31. Supplying information of a non standard nature for mortgage or savings accounts 25 per financial year
Mortgage Arrears Administration Fees
From 1st August 2011
 Name of feeAmount Chargeable £
32. Arrears Letter fee 25
33. Deeds release to Solicitors for arrears max 50
34. Referral by the Society to the Society's Solicitors for arrears
collection and enforcement
50
35. Legal costs - All fees and costs incurred by the Society's legal advisers relating to the collection of arrears and enforcement of the legal charge will be paid to the advisers by the Society and the amount(s) charged to the mortgage account.  
36. Possession Booked and Aborted Costs incurred by the Society +50
37. Property in possession - Costs incurred by estate agents, solicitors, furniture and goods removal contractors, cleaners, locksmiths and joiners and any other contractors including public utilities will be paid to the contractors by the Society and the amounts charged to the mortgage account. +300

It is not possible to quantify the charges referred to in items 35 to 37 above. The amount(s)charged to the mortgage account will be the amount(s) charged by the contractors/advisers to the Society. Interest will accrue on charges made to the mortgage account.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

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