Fees and charges
We charge certain fees in connection with mortgages. These are set out below and, unless we state otherwise, can change from time to time. We will send your clients information about these fees each year (except where there have been no changes and no new fees introduced). We will also notify your clients of any changes in fees at the time when they ask for or receive the service for which we charge the fee. Further details of the fees we charge can be found on our website at www.halifax.co.uk/mortgages.
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Service or application fee |
Fees |
|---|---|
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Service or application fee Product fee (please note that this fee is only refundable before the mortgage starts. It can be added to the mortgage on completion, but interest will be charged). It is the intermediary’s responsibility to record whenever a product fee is paid upfront. If a product fee has been paid upfront and the application is not proceeding, or the application is proceeding but the product selected is changed, you must contact us so the refund of the fee paid can be actioned. If product fee is added to the loan it will be included in the affordability calculation. |
Fees Product specific – see product details for amount |
|
Service or application fee Property re-inspection fee |
Fees £70 |
In addition, your clients may have to pay any fees, costs or charges we have to pay to third parties in connection with your mortgage, for example, any land registry fees we incur in closing down your mortgage.
If an early repayment charge is due, it is shown in the mortgage offer.
The following fees may apply depending on the conduct of an account:
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Arrears (action taken) |
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Arrears (action taken) Arrears Management Fee - We may charge an arrears management fee when we attempt contact with customers in arrears to reflect the extra work we have to do and what that costs us |
£35 |
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Arrears (action taken) Litigation Management Fee - If we instruct solicitors to collect arrears or seek possession |
£100 |
In addition your clients will have to pay any costs we pay to third parties that we may instruct to recover money owed to us or to create or protect our security or in using our legal rights. Examples of costs we pay include:-
- Field Agent costs - a Field Agent is a third party who will make a visit to the customer to discuss their financial circumstances on our behalf
- Solicitor costs - Individual to each case
- Court fees
- Asset Manager costs - Asset Managers are third parties who will manage the marketing and sale of a repossessed property.