Intelligent Finance no longer offer Mortgages to new customers.
Mortgages
Mortgage Fees and Charges
| Item |
Charge |
| Full copy of title documents lodged with us |
£40.00 |
| Single copy document lodged with us |
£40.00 |
| Title information |
£40.00 |
| Forwarding your title deeds to a conveyancer |
£40.00 |
| Release from the mortgage of part of the property |
£75.00 |
| Grant of easement or servitude (for example, a right of way) |
£75.00 |
| Enquiries (including requests for answers to questionnaires, references and consent) from lenders granting other mortgage loans |
£100.00 |
| Valuation fee (adding/removing a borrower from the mortgage) |
£70.00 |
| Further advance fee |
£160.00 |
| CHAPS (same day electronic funds transfer between banks) |
£25.00 |
| Non payment of ground rent |
£75.00 |
| Copy of mortgage statement |
£15.00 |
| If a cheque is returned unpaid |
£25.00 |
| Failed payments (direct debits, standing orders) |
£25.00 |
| Each letter or telephone call to you concerning a missed payment |
£10.00 |
| Where it becomes necessary to instruct solicitors to collect missed payments |
£115.00 |
| Consenting to the transfer of mortgaged property |
£160.00 |
| Mortgage discharge fee (only payable if mortgage is repaid early)# |
|
# If we charge a mortgage discharge fee, we will tell you the amount of the fee and whether it is variable in your most recently accepted mortgage offer or mortgage product transfer offer. The amount of the fee, if applicable, will also be shown in your annual mortgage statement and in any amount owing statement we issue. We will also tell you the amount of the fee at any time you ask us to.
In addition, you will be required to pay any costs we pay to third parties that we may instruct to recover any money you owe us to create or protect our security, or in using our legal rights. Examples of costs we pay include external counselling agency fees and solicitors' charges. We will advise you before we instructed a third party.
Valuation Fees
The table below lists the current fees for a standard valuation (level 1 mortgage valuation) and a homebuyer's report based on a range of property values up to £5 million. The valuation fee will be collected by our valuer, Colleys, before the valuation inspection takes place. Colleys will contact you direct and collect the fee by debit or credit card. For remortgages, depending on your choice of mortgage, we will refund an amount equal to the standard valuation fee once the mortgage has started.
| Purchase price/ estimated valuation |
Standard valuation |
Homebuyer's report |
Revaluation Fees |
| Up to £50,000 |
£240 |
£460 |
£108 |
| £100,000 |
£280 |
£460 |
£108 |
| £150,000 |
£315 |
£490 |
£108 |
| £200,000 |
£355 |
£540 |
£128 |
| £300,000 |
£430 |
£660 |
£165 |
| £400,000 |
£500 |
£790 |
£200 |
| £500,000 |
£565 |
£930 |
£233 |
| £600,000 |
£620 |
£1,070 |
£260 |
| £700,000 |
£680 |
£1,210 |
£290 |
| £800,000 |
£735 |
£1,350 |
£318 |
| £900,000 |
£790 |
£1,490 |
£345 |
| £1 Million |
£845 |
£1,630 |
£373 |
| £1.2 million |
£960 |
£1,830 |
£430 |
| £1.4 million |
£1,070 |
£2,030 |
£485 |
| £1.6 million |
£1,185 |
£2,230 |
£543 |
| £1.8 million |
£1,295 |
£2,430 |
£598 |
| £2 million |
£1,410 |
£2,630 |
£655 |
| £2.2 million |
£1,521 |
£2,830 |
£710 |
| £2.4 million |
£1,635 |
£3,030 |
£768 |
| £2.6 million |
£1,745 |
£3,230 |
£823 |
| £2.8 million |
£1,860 |
£3,430 |
£880 |
| £3 million |
£1,970 |
£3,630 |
£935 |
| £3.2 million |
£2,085 |
£3,830 |
£993 |
| £3.4 million |
£2,195 |
£4,030 |
£1048 |
| £3.6 million |
£2,310 |
£4,230 |
£1105 |
| £3.8 million |
£2,420 |
£4,430 |
£1160 |
| £4 million |
£2,535 |
£4,630 |
£1218 |
| £4.2 million |
£2,645 |
£4,830 |
£1273 |
| £4.4 million |
£2,760 |
£5,030 |
£1330 |
| £4.6 million |
£2,870 |
£5,230 |
£1385 |
| £4.8 million |
£2,985 |
£5,430 |
£1443 |
| £5 million |
£3,095 |
£5,630 |
£1498 |
All fees for a standard valuation and a homebuyer's report include an administration charge of £100.
The fees for purchase price/estimated valuation above £5 million are negotiable.
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