Tariff of charges - Freestyle® Fixed
Effective as at 04/11/2008
Booking/Arrangement Fees
| Freestyle Fixed Booking Fees Fixed until 30/03/2012 Fixed until 31/03/2014 Fixed until 01/04/2019 |
£799 £699 £599 |
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| Freestyle Fixed Low Rate Option Booking Fees Fixed to 30/03/12 Fixed to 31/03/14 |
£1,499 £1,299 |
| Cash Reserve facility |
£99 |
| Offsetting facility |
£99 |
Freestyle Early Repayment Charges
| Freestyle Fixed until 30/03/12 |
Year 1 = 5 months' Year 2 = 5 months' Year 3 = 5 months' interest at the fixed rate on amount redeemed. The charge in year 3 applies until 30/03/12 |
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| Freestyle Fixed until 31/03/14 |
Year 1 = 7 months' Year 2 = 7 months' Year 3 = 6 months' Year 4 = 6 months' Year 5 = 5 months' interest at the fixed rate on amount redeemed. The charge in year 5 applies until 31/03/14 |
| Freestyle Fixed until 01/04/19 |
Year 1 = 7 months' Year 2 = 7 months' Year 3 = 7 months' Year 4 = 6 months' Year 5 = 6 months' Year 6 = 6 months' Year 7 = 5 months' Year 8 = 5 months' Year 9 = 5 months' Year 10 = 5 months' interest at the fixed rate on the amount redeemed. The charge in year 10 applies until 01/04/19. |
Redemption Discharge Fee
| Redemption Discharge Fee |
May apply to some mortgages, if so this will be specified in the offer. |
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Buildings Insurance
| Buildings Insurance |
No arrangement fees payable to Bank. Borrower is responsible for payment of premiums under suitable policy. |
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Interest
| On outstanding loan, expenses and arrears |
As specified in the Offer and Mortgage Conditions |
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Maintenance Charges
| Written mortgage projections |
£50 per written projection |
|---|---|
| Duplicate mortgage statements |
£15 |
| Completion of mortgage questionnaire |
£80 + VAT |
| Deeds handling |
£30 |
| Deeds storage |
£20 |
| Change affecting legal title |
£150 |
| Property re-inspection fee |
£55 |
| Letting of property fee |
£125 |
| Change to mortgage term |
£30 |
| Change to repayment method |
£30 |
Credit Re-assessment
| Credit Re-assessment |
£99 |
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Release of Funds (including further drawdowns)
| By BACS (for further drawdowns only) |
Nil |
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| By CHAPS |
£28 |
| Equity drawdown admin fee |
£20 |
Accounts in Arrears
| Monthly admin fee |
£30 |
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| Missed payment letters |
£30 per item |
Costs, charges and expenses incurred by us in protection, realisation and enforcement of the Legal Mortgage or Standard Security
| Costs, charges and expenses incurred by us in protection, realisation and enforcement of the Legal Mortgage or Standard Security |
A £250 administration fee will be charged should solicitors be instructed to take possession of the property (in addition to solicitor's own fees which will also be payable). Other fees on a case by case basis. Details on request. |
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Valuation fees
| Valuation fees |
Must be met by applicant on selected mortgages. Standard Life Bank approved valuer must be used. View our valuation scales. |
|---|---|
| Valuation administration fee |
£90 |
