
Mortgages
Fees for Mortgage Related Services and Tariff of Costs
| Fees for Mortgage Related Services | |||
|---|---|---|---|
| Subsequent redemption statement request | £10 | Approval of tenancy (corporate) | £150 |
| Insurance arrangements fee | £30 | Re-approval of existing tenancy | £25 |
| Certificate of loan interest | £15 | Approval of deed of variation/rectification/ restriction/substitution of security | £50 |
| Despatch of title deeds/sealing | £65 | Approval of easements/rights of way | £50 |
| Title deeds storage | £25 | Approval of second charge | £35 |
| Copies of extracts from title deeds | £25 | Part release of property/security | £65 on application |
| Early redemption (for details of any early repayment charges see also individual mortgage product terms and conditions) | £199 | Second mortgage questionnaire | £80 |
| Duplicate mortgage statement | £15 | Lender's reference | £55 |
| Copies of documentation | £10 | Certificate of ownership/title | £15 |
| Transfer of repayment method | £55 | Telegraphic transfer | £35 |
| Term amendment | £30 | Transfer of ownership administration fee | £65 |
| Surrender/release of endowment policy | £25 | Payment of leasehold charges on behalf of a customer | £50 |
| Approval of tenancy (individual) | £85 | ||
Full details of any fees for HomeOwner loans are available on request.
| Tariff of Costs | |||
|---|---|---|---|
| Broken arrangement | £30 | Unpaid cheques/Direct Debit | £27.50 |
| Arrears administration charge | £100 | Outgoing arrears letter | £27.50 |
| Miscellaneous calculations | up to £50 | Possession administration | £350 |
| Arrangement of arrears visit | £50 | Tracing instruction | £30 |
Arrears costs: If your account goes into arrears, there may also be costs for the work carried out by us, our solicitors or other agents. These may not be included in the Tariff of Costs above. Full details can be obtained from our Collections Department on 0113 225 7972 or 0113 225 7973.
Please note that other costs may also apply.
Mortgage Valuation Fees
The Society's fees in relation to obtaining a valuation are listed below. The fee includes a minimum administration charge of £100 (further details available on request). If a reinspection is required, a fee of £60 will be charged. In certain cases a revaluation will be required and a fee of £70 will be charged. Receipt of a valuation fee will not bind the Society to grant any advance.
The Mortgage Valuation Report is prepared for the Society and not for you, the borrower. It only answers the Society's questions concerning whether the property is suitable security for lendingpurposes, and does not imply the price is reasonable or if the property has any defects.
Don't rely upon a mortgage valuation to cover all your questions and concerns about the property. The best way to reach an informed decision on the property you are wishing to buy is to have a professional survey and valuation carried out on your behalf. The surveyor will advise you on the value and condition and will undertake a more detailed inspection for you.
| Purchase Price or Valuation not exceeding | Fee |
|---|---|
| Up to £100,000 | £230 |
| Up to £150,000 | £270 |
| Up to £200,000 | £335 |
| Up to £250,000 | £360 |
| Up to £300,000 | £405 |
| Up to £350,000 | £450 |
| Up to £400,000 | £510 |
| Up to £500,000 | £560 |
| Up to £700,000 | £710 |
| Up to £1m | £950 |
| Up to £2m | £1,400 |
| Over £2m | By referral |
PLEASE NOTE: cheques must be made payable to Leeds Building Society, followed by the applicant's name(s). We can no longer accept cheques payable to Leeds Building Society only. Failure to complete cheques correctly will delay the application.