It’s been a cracking year for us. We’ve launched some exciting new product ranges, hit £2 billion in mortgage lending, and been named the fastest-growing lender in the UK.
It’s a big task, but we want to do even better in 2019. To keep us on track in our mission to give the industry a bit of a shake up, we’ve taken another look at our product fees and how we apply them.
We’ve grown a lot since launching back in 2016, and we’ve been reviewing the costs of setting up a customer’s mortgage. As a result, we’ve decided to change some of our product fees.
As part of our product launch on Thursday 29 November, we’ll have different fees for purchase and remortgage, with a second tier of fees for loans above £350,000. Our fees for purchases under £350,000 haven’t changed and we’re still committed to offering an extensive range of fee-free products, including our first-time buyer range with free valuation and cash-back.
You can take a look at our new product fee structure below:
Purchase | Remortgage | |
Loan amounts of £350k or less | £900 | £1,500 |
Loan amounts over £350k | £1,200 | £1,800 |