£ product switch fee which can be paid upfront or added to the loan (if added to the loan we'll charge interest on the fee during the term of the loan)
£ Further advance 'completion' fee which can be paid upfront or added to the loan (if added to the loan we'll charge interest on the fee during the term of the loan)
A valuation isn't normally required for a product switch.
When borrowing additional funds you may require a revaluation if the value of your property has changed since you originally took your mortgage out.
We will pay for a standard valuation.
£ for a standard valuation or £ for a standard valuation and homebuyer survey For the purpose of the mortgage you'll only need to pay for a standard valuation. Valuation fees are payable at the time of application and are non-refundable.
We will pay for a standard valuation.
Any property over the value of £3m will be referred to our valuation panel for pricing.
£ for a standard valuation or £ for a standard valuation and homebuyer survey For the purpose of the mortgage you'll only need to pay for a standard valuation. Valuation fees are payable at the time of application and are non-refundable.
We will pay for a standard valuation.
Any property over the value of £3m will be referred to our valuation panel for pricing.
Early repayment charges
If your customer switches their loan to another lender, a different mortgage deal with us or repays it in full before the end of the fixed rate term, they'll have to pay an early repayment change equal to:
5% of the excess overpayment in year one
4% of the excess overpayment in year two
3% of the excess overpayment in year three
2% of the excess overpayment in year four
1% of the excess overpayment in year five
Any amount repaid over 10% of the mortgage completion balance will incur an early repayment charge equal to:
