With advances starting at just £5,000 our fee structure is tiered to reflect that fact smaller advances often involve similar work whilst offering considerably less return.
|£5,000 – £49,999||4%|
|£50,000 – £79,999||3%|
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 1 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.
|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|
In many cases we will not require a valuation however, where this is required, the following scale applies to all standard residential property:
Properties in excess of £1,000,000 on application.
‘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 and £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.