Lender Product Fee
| ADVANCE |
FEE |
| £5,000 – £49,999 |
4% |
| £50,000 – £79,999 |
3% |
| £80,000 + |
2% |
In addition, in all cases, an additional £1,295 flat charge for legals will apply.
These charges are added to the client’s nett advance requirements (reflected on the day one offer) and attract interest at the contractual rate. Fees are deducted on release of the advance and are NOT payable if a case is cancelled prior to completion.
Valuation Fee Scale
| VALUATION |
STANDARD RESIDENTIAL |
HMO/MUB |
| Up to £200,000 |
£325 |
£549 |
| £200,001 – £400,000 |
£395 |
£699 |
| £400,001 – £600,000 |
£675 |
£849 |
| £600,001 – £1,000,000 |
£1,095 |
£1199 |
Properties in excess of £1,000,000 on application.
In many cases we will not require a valuation however, where this is required, the following scale applies to all standard residential property:
‘Drive by Valuations’ may be accepted for certain property types and are usually charged at £249, up to £500,000 estimated value or at £299 between £500,001-£1,000,000 in estimated value.
All valuation fees are paid once the client confirms acceptance to our terms and are NON REFUNDABLE once instructed.
Valuation fees for commercial, semi-commercial, land and other non-standard securities will be advised on an individual basis.
