Legal fees

Legal fees

Loan Amount (up to) Residential 1st Charge Loans Residential 2nd Charge Loans Commercial & Development Loans
£250,000 £500 £500 £600
£500,000 £650 £650 £725
£750,000 £800 N/A £850
£1,000,000 £950 N/A £975
£1,500,000 £1200 N/A £1,250
£2,000,000 £1450 N/A £1,500
£2,000,000+ By arrangement N/A By arrangement

Additional legal charges

Debenture required £100
Personal guarantee required £100
The borrower is a UK corporate borrower £150
New build property that requires registration £150
Per commercial lease that needs to be reviewed £150
Secondary security required £195

All of the above legal fees exclude VAT and disbursements.

Valuation fees

Residential Valuation Fee Scale

Property Valuation (up to) Residential Valuation Report (inc. buy-to-let)
£100,000 £245
£200,000 £295
£300,000 £385
£400,000 £480
£500,000 £575
£600,000 £665
£700,000 £755
£800,000 £840
£900,000 £925
£1,000,000 £995
Over £1,000,000 By arrangement

Commercial & Development Fee Scale

Property Valuation (up to) Commercial / Development Valuation Report
£300,000 £595/£745
£400,000 £715/£865
£500,000 £810/£960
£600,000 £905/£1,055
£700,000 £995/£1,145
£800,000 £1085/£1,235
£900,000 £1170/£1,320
£1,000,000 £1255/£1,405
Over £2,000,000 By arrangement

All of the above valuation fees include any VAT payable.