Name of Charge What this charge is for How much is the charge? If you change your mortgage NB if you change to a new mortgage product, the ‘before your first monthly payment’ fees may also apply at this stage. Early repayment You may have to pay this if: The fee will be a charge (changing You overpay more than your mortgage terms percentage of the your mortgage) allow amount repaid. Please refer to your You switch mortgage product or lender during a Mortgage Offer or special rate period (e.g. while you’re on a fixed or call 0344 770 8030 tracker interest rate). to obtain the details. Partial release of Payable if you want to remove part of the property or property fee land from the mortgage. It covers administration costs, We call this a Part including sealing the relevant legal deed and issuing Release of Security letters of consent. £100 fee Giving you a Charged if another lender asks us for a mortgage reference reference, such as how you have managed your £50 We call this a mortgage account with us. We will only supply this if you Lender’s Reference have given us permission. fee. If you are unable to pay your mortgage These are the most common charges you may have to pay if you fail to keep up with your mortgage payments. Some charges, for example those covering unpaid/returned direct debits or cheques, occur at the early stages of your inability to pay (arrears). Other charges, for example, relating to our repossession of the property, may apply later in the process and will be dependent on your circumstances. Unpaid/returned Payable when your nominated bank rejects a direct debit £9 direct debit or collection, or your payment by cheque is returned unpaid cheque by your bank. Arrears fee You may be charged an arrears fee on a monthly basis, or when specific events happen in the management of your account when you are in arrears. £39 This covers charges in respect of your account if you fall behind with your payments. Ending your mortgage term Early repayment You may be charged this if you repay your mortgage in The fee will be a charge (ending your full before the mortgage term ends. percentage of the mortgage) amount repaid. Please refer to your Mortgage Offer or call 0344 770 8030 to obtain the details. Deeds production You may be charged this when the deeds to your £50 fee property are released for any reason.
Name of Charge What this charge is for How much is the charge? If you change your mortgage NB if you change to a new mortgage product, the ‘before your first monthly payment’ fees may also apply at this stage. Early repayment charge (changing your mortgage) You may have to pay this if: You overpay more than your mortgage terms allow You switch mortgage product or lender during a special rate period (e.g. while you’re on a fixed or tracker interest rate). The fee will be a percentage of the amount repaid. Please refer to your Mortgage Offer or call 0344 770 8030 to obtain the details. Partial release of property fee We call this a Part Release of Security fee Payable if you want to remove part of the property or land from the mortgage. It covers administration costs, including sealing the relevant legal deed and issuing letters of consent. £100 Giving you a reference We call this a Lender’s Reference fee. Charged if another lender asks us for a mortgage reference, such as how you have managed your mortgage account with us. We will only supply this if you have given us permission. £50 If you are unable to pay your mortgage These are the most common charges you may have to pay if you fail to keep up with your mortgage payments. Some charges, for example those covering unpaid/returned direct debits or cheques, occur at the early stages of your inability to pay (arrears). Other charges, for example, relating to our repossession of the property, may apply later in the process and will be dependent on your circumstances. Unpaid/returned direct debit or cheque Payable when your nominated bank rejects a direct debit collection, or your payment by cheque is returned unpaid by your bank. £9 Arrears fee You may be charged an arrears fee on a monthly basis, or when specific events happen in the management of your account when you are in arrears. This covers charges in respect of your account if you fall behind with your payments. £39 Ending your mortgage term Early repayment charge (ending your mortgage) You may be charged this if you repay your mortgage in full before the mortgage term ends. The fee will be a percentage of the amount repaid. Please refer to your Mortgage Offer or call 0344 770 8030 to obtain the details. Deeds production fee You may be charged this when the deeds to your property are released for any reason. £50
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