Product fees
With some of our mortgage deals there's a product fee to pay, with others there isn't. Usually, there's a choice, and you can get a lower rate in return for paying a higher fee or no fee and a higher rate.
Please see the relevant mortgage pages for the fees you'll need to pay depending on which product type you choose.
Where a product fee applies, it will be added to your new mortgage. You can then pay the fee off if you want to, or leave it on your mortgage to spread the cost. If you pay it off within 30 days of the start of your mortgage, no interest will be charged on it. If you leave it on your mortgage, interest will be charged on it as part of your main mortgage.
Adding the product fee to your mortgage
- Adding the product fee to your mortgage means the cost of the product fee is spread over the life of your mortgage. Interest will be charged on the fee amount.
- If you’re borrowing more or your mortgage is split across different deals, the interest on the product fee will be charged at the interest rate of your main loan account.
From time to time we may offer reduced product fees on specific mortgage deals - see our online exclusives to save £100 on our usual product fee by starting your application online.
