You should use this when sending in an application - available to download here: Application checklist
Application formAvailable to download here: Application form
Direct Debit mandateAvailable to download here: Direct Debit mandate
Asset and liability statementAvailable to download here: Asset and liability statement
A Guide to MortgagesAvailable to download here: A Guide to Mortgages
Insurance undertakingPlease note that the sum insured must be maintained at a minimum of the full re-building cost of the property, based on the latest valuation report and that the Society’s interest as mortgagees must be noted on the insurance policy - available to download here: Insurance undertaking
Your solicitorYour solicitor should be on the Society’s approved panel. If not, we can look to add them to the panel provided that they have at least 4 regulated partners. Please go to the Law Society’s website to find a suitable solicitor by clicking here.
Valuation fees| Purchase Price (up to) | Total Valuation Fee Payable |
| £50,000 | £205 |
| £100,000 | £240 |
| £150,000 | £260 |
| £200,000 | £295 |
| £250,000 | £330 |
| £300,000 | £370 |
| £350,000 | £410 |
| £400,000 | £440 |
| £450,000 | £470 |
| £500,000 | £505 |
| £600,000 | £600 |
| £700,000 | £655 |
| £800,000 | £710 |
| £900,000 | £765 |
| £1 million | £820 |
Please note that for some properties, additional costs may be incurred, dependant upon distances travelled. If the property value is higher than those shown in the scale of fees, the Society will need to obtain a quotation from a local valuer.
Tax adviceYou may find the HMRC page on taxation on furnished lettings useful - go to it by clicking here.
Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it
Website Design by Creative Venom and Development by Decode.UK