INFORMATION FOUND in this area of the website is INTENDED FOR USE BY PROFESSIONAL INTERMEDIARIES ONLY
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Fees

Please find a list of all our fees below. If you have any questions or would like to know more about a fee for a specific case, please contact our Mortgage Desk on 01372 744155 or email mortgage.desk@familybsoc.co.uk.

Application fees, including valuation fees
Large loans
Ex-pat applicants
Procuration fees
Payment of fees
Want to know more?

Application fees

Our application fee includes £175 to process the application and a valuation fee. The valuation fee is based on the greater of the purchase price or value of the property. The application fee is payable on application and is non-refundable.

For our Owner Occupier products we offer a free valuation for property values up to £500,000. For property values above £500,000 a discount of £360 applies.

For our Buy to Let products the valuation fee is payable.

Residential value Owner Occupier Buy to Let
£120,000 - £200,000 £175 £380
£200,000 - £300,000 £175 £430
£300,001 - £400,000 £175 £480
£400,001 - £500,000 £175 £535
£500,001 - £600,000 £250 £610
£600,001 - £700,000 £325 £685
£700,001 - £800,000 £430 £790
£800,001 - £900,000 £535 £895
£900,001 - £1,000,000 £640 £1,000
£1,000,001 - £1,250,000 £790 £1,150
£1,250,001 - £1,500,000 £940 £1,300
£1,500,001 - £1,750,000 £1,090 £1,450
£1,750,001 - £2,000,000 £1,250 £1,610
£2,000,001 - £2,500,000 £1,410 £1,770
£2,500,001 - £3,000,000 £1,570 £1,930
£3,000,001 - £3,500,000 £1,815 £2,175
£3,500,001 - £4,000,000 £2,115 £2,475
£4,000,001 - £4,500,000 £2,415 £2,775
£4,500,001 - £5,000,000 £2,815 £3,175

Larger Loans

For Owner Occupier applications where the loan exceeds £500,000 the product fee will be 0.30% of the advance.

For Buy to Let applications where the loan exceeds £500,000 the product fee will be 0.40% of the advance.

Expat Applications

For Expat applications the product fee charged will be the standard product fee or large loan fee (whichever is higher) plus 1.25%.

You can check what fee your client will need to pay by calling our Mortgage Desk on 01372 744155 before you submit the application. We will confirm the fee when we start processing the application.

Procuration Fees

Gross fee paid

Route All Owner Occupier Products^
(Gross fee paid)
Min fee
Submit a case directly to us (1) 0.35% £157.50
Submit a case via Mortgage Clubs 0.37%* £166.50
Route Offset Mortgage
(Gross fee paid)
Min fee
Submit a case directly to us (1) 0.50% £225.00
Submit a case via Mortgage Clubs 0.52%* £234.00
Route Family Mortgage
(Gross fee paid)
Min fee
Submit a case directly to us (1) 0.55% £247.50
Submit a case via Mortgage Clubs 0.57%* £256.50
Route All Buy to Let products
(Gross fee paid)
Min fee
Submit a case directly to us (1) 0.50% £225.00
Submit a case via Mortgage Clubs 0.52% £234.00

*Mortgage Club will deduct 0.02%

^ (excl. Family and Offset Mortgages)

(1) Directly authorised brokers submitting business to us directly

You can also submit business via our packagers: Ingard, Manor Mortgages (inc. Manor Mortgages Direct), Solent Mortgage Services, Complete, Platinum Options, Brightstar, All Money Matters (TFC Homeloans), Promise Solutions, ATOM, Connect, Vantage Finance and The Mortgage Trading Company. Procuration fees via these routes may vary.

 Route For product switches
(Gross fee paid)
Min fee
Submit a case directly to us (1) 0.20% n/a 
Submit a case via Mortgage Clubs 0.22% n/a
 Route For further advances
(Gross fee paid)
Min fee
Submit a case directly to us (1) 0.25% £5.00
Submit a case via Mortgage Clubs 0.27% £5.40

Payment of Fees

Payments are made by cheque or Bacs, seven working days following completion. Cheques will be made payable to the intermediary firm and sent to the address registered with the Society. 

If you are an appointed representative of a network or submit via a mortgage club, the payment will be made to these organisations, unless there are specific arrangements in place not to do so.

Any change of payment details or the registered address must be notified to the Society in writing. In cases where the introducer is an individual, the Society will declare details of the payments made when making its statutory return to the HM Revenue & Customs at the end of each tax year.

Want to find out more?

If you have a specific case in mind and would like to discuss the options available to your client, please call us on 01372 744155. We can also arrange for your Business Development Manager to contact you.

Alternatively, you can email us at mortgage.desk@familybsoc.co.uk and one of our team will get back to you.

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