Fees & Charges

There can be various costs associated with your mortgage, such as valuation and solicitor fees and surveys. We recommend that you read through and fully understand the fees and charges associated with your mortgage below.

Should you need any help, our Customer Support team are on hand to answer any of your questions.

Your mortgage is secured on your home. Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

A mortgage valuation is to assess whether the property you are buying provides enough security to the Society for your mortgage. To get this information we may ask our valuer to visit the property and produce a report.

The cost of the valuation depends on the purchase price of the property, the following scales of fees apply in the table below.

Homebuyers report and valuation

As the standard valuation is only for our use, you may also choose to arrange your own homebuyers report and valuation. This involves you instructing an independent surveyor to carry out a more detailed report on the property, which there will be an additional charge for you to pay.

The report is mainly for your information but we will still ask our valuer to complete our mortgage valuation. If you ask us to arrange a homebuyers report and valuation for you, the costs are as detailed in the ‘Homebuyers/Scheme 2’ column in the table below.

Full building survey

You might choose a full building survey if the property you are buying is very old, if it is not built from traditional bricks or stone, or if it is built in a complex or unusual way.  The cost of these surveys can be high and you will have to pay for any specialist reports which are recommended in the survey. However, if any serious problems are uncovered it could save you money before you commit to purchasing.

You will need to find an independent surveyor to carry out this survey for you.