Notices
  • Savings: Interest rates for Windfall Bond and Tracker Savings Bond will decrease by 0.25% from 1 December 2024. We will be writing to all customers individually to confirm the new rates.

    Mortgages: Tracker mortgages will change on 25 December 2024 and we will write to customers individually with revised payment details where the new rate exceeds the minimum rate (or ‘floor’) already applying to their mortgage.

    (Notice updated 08/11)

  • Online Service update. Due to planned essential maintenance, our Online Service will not be available between the hours of 8:00 am until 6:00 pm on the 15 December. We apologise for any inconvenience this may cause.

Mortgage charges & application fees

A breakdown of our mortgage charges and application fees

Mortgage charges

During the life of your mortgage with the Family Building Society there are some fees and charges which may be incurred.

This list below does not include standard initial charges associated with a mortgage (e.g. completion fees and/or early repayment charges) - these will be outlined in the specific product literature. Should an instance arise with a charge which is not included in this list, you will be advised in advance.

If we make any changes to our mortgage charges, we will let you know as part of your annual mortgage statement mailing.

Need any help with a mortgage application? We offer a free Mortgage Advice Service where we can help recommend which of our mortgage products might best suit your needs.

 Amount
Change of parties administration fee (exclusive of legal cost)£125
Certificate of title / Proof of ownership£30
Change of term fee£60
Consent to let a mortgaged property fee£60
Duplicate statement fee (original supplied at no charge)£10
Further Advance processing (inclusive of revaluation)£125
Further Advance legal work (exclusive of disbursements e.g search fees)£100
List of account transactions£20
Building Society Questionnaire£30
Option Sale agreement approval (exclusive of legal costs)£125
Partial release of property / Title alterations fee (exclusive of legal costs)£125
Product fee (where applicable)various
Change of repayment method / Product transfer of mortgage fee (exclusive of legal costs)£60
Reinspection / revaluation of mortgaged property fee£80
Valuation / Revaluation of mortgaged property feevariable
Second charge registration fee£30
Certificate of interest paid fee (per tax year)£15
Funds transfer fee£30
Lifetime Mortgage Facility renewal fee£99
Additional Redemption Statement in the same month (initial statement free)£20
Limited Company Further Advance legal work (excluding portfolio)£150

 

 

Amount

Request for legal documentation fee

from £15

Deeds production / Release fee

£30

Mortgage Exit fee

£100


 

Amount

Administration charge for checking and signing Witness Statement

£35

Broken arrangement fee

£20

Non standard arrears letter fee

£20

Payment of leasehold arrears

£60

Preparation of Pre-action Protocol Checklist / Witness Statement

£75

Unpaid / Returned Direct Debit or cheque, or other unpaid receipt

£15

Warrant for possession

£50

Taking property into possession

£125

Agents instruction fee for attendance at possession

from £295

Arrears counselling services

from £90


 

Amount

Attendance at court hearing

from £100

Adjournment of hearing

£25

Witness Statement and instruction of agents to attend court hearing

£200

Application for possession warrant

£50

Conveyancing fee for sale

from £250

Issue of summons for possession

£165

Non standard letter

£25

Notice to occupiers, tenants and local authority

£60

Pre-action letter

£25

Re-instatement of hearing

£35

Re-issue of warrant

£40

Reply to application to suspend warrant

£100

Reply to defence / Special Witness Statement

from £100

Supplemental Witness Statement

£75

Distribution of surplus sale proceeds

from £100


 

Amount

Court fee for interim application

from £50

Court fee for summons for possession

£355

Court fee for warrant for possession

£130

Miscellaneous court fees

from £50

Miscellaneous sales expenses (e.g. agents fees, clearance fee)

unlimited

Miscellaneous search fees

up to £50

Miscellaneous agents fees (e.g. to attend hearing)

unlimited


Application Fees

The 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 £330 applies.

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

 

Here is a full list of of our application fees for both our Owner Occupier and Buy To Let products:

 

Residential value

Owner Occupier - purchase and remortgage

(includes all non-expat Buy to Let remortgage applications and Limited Company Buy to Let)

Buy to Let - purchase

(includes expat remortgage applications)

£100,001 - £200,000

£175

£365

£200,001 - £300,000

£175

£411

£300,001 - £400,000

£175

£457

£400,001 - £500,000

£175

£508

£500,001 - £600,000

£247

£577

£600,001 - £700,000

£317

£647

£700,001 - £800,000

£414

£744

£800,001 - £900,000

£511

£841

£900,001 - £1,000,000

£608

£938

£1,000,001 - £1,250,000

£747

£1,077

£1,250,001 - £1,500,000

£886

£1,216

£1,500,001 - £1,750,000

£1,025

£1,355

£1,750,001 - £2,000,000

£1,172

£1,502

£2,000,001 - £2,500,000

£1,320

£1,650

£2,500,001 - £3,000,000

£1,468

£1,798

£3,000,001 - £3,500,000

£1,695

£2,025

£3,500,001 - £4,000,000

£1,973

£2,303

£4,000,001 - £4,500,000

£2,250

£2,580

£4,500,001 - £5,000,000

£2,620

£2,950

Our lending criteria

Find out details of how much we may be able to lend, for how long and the types of property we will lend on.

Mortgage Advice Service

If you're looking for a mortgage and would like some help with the application process, why not give us a call and try our free service.