We keep our fees simple. Your main fees are set out in your loan terms before you commit. The other fees below only apply in particular circumstances, such as when you ask us to do extra work or a payment is missed. We will tell you in advance if any of them change. If you have any questions, please contact us.
Early repayment
If you repay before the minimum interest period in your loan terms, interest for that minimum period is still due.
Minimum interest period
Partial release of security
For releasing part of the property or land from our charge, for example on a part sale. Payable whatever the outcome.
£130
Consent to let
Where your loan terms need our consent before the property is let, charged for each request.
£50
Consent for another lender
For considering a request to let another lender take a charge on the property behind ours.
£50
Deed of postponement
For considering a request to let another lender's charge rank ahead of ours.
£50
Transfer of ownership
For considering a request to transfer the property into a different name.
£50
Easements and rights of way
For reviewing easements or rights of way. A deeds-handling charge may also apply.
£50
Lender reference
If another lender asks, with your permission, how your loan has been run. Usually paid by that lender.
£50
Additional work
For other work you ask us to do that is not listed here. We will tell you the cost in advance.
Varies
Unpaid ground rent or service charge
If we have to pay arrears to the freeholder. The amounts we pay are added to your loan.
£100
Buildings insurance
If the property is not adequately insured, we arrange temporary cover until you provide evidence of insurance.
Varies
Property visits
For a security or site visit you request, or that we need to make to discuss a concern.
Varies
Asset management
For extra time spent assessing or managing the security or site because of a concern.
Varies
Missed payment
For each payment request we have to reissue, for example when a direct debit is returned.
£50
Account management
Each month the account is at least one month in arrears, unless you keep to an agreed payment arrangement.
£100 a month
Arrears management
Each month once two monthly payments have been missed, in place of the account management charge.
£190 a month
End of term management
Each month the loan remains outstanding after its term has ended.
£120 a month
Administrators or liquidators
Each month we have to liaise with appointed administrators or liquidators.
£150 a month
Possession proceedings
For preparing and issuing legal proceedings, in addition to the arrears management charge.
£200
Possession asset management
For managing a repossessed property. The arrears management charge stops at this point.
£165 a month
Application to suspend legal action
For considering and acting on an application to suspend our legal action.
£50
Notice of receiver appointment
For preparing and issuing a demand advising that a receiver will be appointed.
£50
Appointing a receiver
For appointing a suitable receiver and the related advice and enforcement.
Varies
Receivership asset management
For liaising with the receiver, including property management and rent collection. The receiver's own charges also apply.
£150 a month