Mortgage tariffs
Fees and charges
Your guide
Our mortgage fees and charges may vary depending on your specific circumstances. Below is a guide to the fees and charges that may apply.
The charges below are correct as of 1 May 2024. These charges are applicable to mortgage loans, additional borrowing and/or upon completion of additional security. When looking at the fees that other firms charge, you may notice some that don’t appear in our tariff (below). This means we don’t charge you these fees.
Click here if you have an existing professional mortgage with us provided before 20 October 2014.
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Your property may be repossessed if you do not keep up repayments on your mortgage.
Before your first monthly payment
These are the fees and charges you may have to pay before we transfer your mortgage funds.
| NAME OF CHARGE | WHAT IS THIS CHARGE FOR? | HOW MUCH IS THE CHARGE? |
| Bank’s arrangement fee | Assessing and processing your application, creating and managing your mortgage account. | Typically 0.50% of the total loan amount to be paid on completion. It can be up to 1% of the total loan amount if your mortgage requirements are more complex, such as if you are looking for a self-build mortgage product. The maximum Bank arrangement fee we charge for residential mortgages is £25,000 and for self-build mortgages, it is £50,000. There is no maximum on buy-to-let mortgages. Please refer to your loan offer document for further details. |
| Introducer arrangement fee | This fee is only applicable if your mortgage has been introduced to us by an intermediary, and will be paid by the Bank directly to the intermediary. This fee is in addition to the Bank’s arrangement fee. | Up to 0.50% of the total loan amount to be paid on completion. The maximum Introducer arrangement fee we charge for residential mortgages is £25,000. There is no maximum on buy-to-let mortgages. Please refer to your loan offer document for further details. |
| Product switch fee | This fee is only applicable if your product switch is arranged by an intermediary, and will be paid by the Bank directly to the intermediary. | Up to 0.25% of the total loan amount. The maximum Product switch fee for residential mortgages is £12,500. There is no maximum on buy to let mortgages. |
| Intermediary fees | If you use an intermediary there may be a cost associated with the service. | This fee is charged by the intermediary directly to you and is not a Bank fee. However, the fee will be included in the total cost of the mortgage (APR) where known to the Bank. |
| Legal fees & your own fees | You will normally instruct a solicitor to act on your behalf in connection with your home purchase or re-mortgage. You may be required to pay their legal fees and costs as part of their work on your behalf. | These fees/costs are charged by the solicitor directly to you. |
| Legal fees & the Bank's fees | If we require a separate solicitor to act on our behalf, in addition to the above, you will also be charged to cover the Bank’s legal fees relating to completion of your loan. | Full details can be found in your mortgage offer documents. This will be deducted from the loan advance. |
| Valuation fee | The lender’s valuation report is used to determine if the security is suitable and how much we could lend to you. This is separate from any valuation or survey of the property you might want to commission. | Full details can be found in your mortgage offer documents. This will be paid to the Bank upon request. |
| NAME OF CHARGE | WHAT IS THIS CHARGE FOR? | HOW MUCH IS THE CHARGE? |
| Early repayment charge | You may have to pay this if:
| Please refer to your mortgage offer documents and terms and conditions. |
Ready to discuss your mortgage options?
If you earn a minimum of £300,000 a year, have a net worth in excess of £3m and want an exceptional mortgage service that is designed to suit your individual needs, get in touch.
Tel: +44 (0)20 7597 4050