Benefit packages

We offer purchase and remortgage benefit packages on selected products.

An early repayment charge may be payable if the mortgage is redeemed early.

Homebuyer Free Valuation - residential and Buy to Let

Available to clients purchasing a residential or Buy to Let property where the product offers Homebuyer Free Valuation.

Free standard valuation

  • Your client will receive a free standard valuation for mortgage purposes (up to a property value of £2.5 million).

If your client would like a survey they will need to arrange this independently and pay for any associated costs. For help with finding a local surveyor you can visit the RICS website.

Homebuyer Solution - residential only

Available to clients purchasing a residential property where the product offers Homebuyer Solution.

Free standard valuation

  • Your client will receive a free standard valuation for mortgage purposes (up to a property value of £2.5 million).

If your client would like a survey they will need to arrange this independently and pay for any associated costs. For help with finding a local surveyor you can visit the RICS website.

£250 cashback

  • You client will also receive £250 cashback at completion.

Early repayment charge

  • Should your client redeem their mortgage before the end date on the benefit package, they'll need to repay the £250 cashback.
  • The benefit end date is shown on our latest rates page and within the 'product notes' section of our rate bulletins.
  • The repayment of the benefit is in addition to any product early repayment charge which may apply.

Remortgage Solution - residential only

Available to clients remortgaging their residential property where the product offers Remortgage Solution.

Free standard valuation

  • Your client will receive a free standard valuation for mortgage purposes (up to a property value of £2.5 million).

Standard legal work

We'll also arrange and pay for the cost of standard legal work involved in transferring the mortgage.

Your client will need to pay for the following additional fees if they apply:

  • For leasehold properties - the landlord’s registration fee for registering the mortgage with the landlord in accordance with the terms of the lease.
  • If the title to the property is unregistered - the additional land registry registration fee.
  • In Scotland where the deeds are currently recorded on the sasine register. 

Also if any additional work is needed, which is not normally associated with a remortgage, this will be at your client’s own cost. Your client will be advised of the cost of additional work before any work is carried out.

Alternatively your client can receive £250 cashback at completion as a contribution towards legal costs.

Early repayment charge

  • Should your client redeem their mortgage before the end date on the benefit package, they'll need to repay a maximum of £200 for the remortgage legal work or the £250 cashback.
  • The benefit end date is shown on our latest rates page and within the 'product notes' section of our rate bulletins.
  • The repayment of the benefit is in addition to any product early repayment charge which may apply.

Remortgage Solution - Buy to Let only

Available to clients remortgaging their Buy to Let property where the product offers a Remortgage Solution.

Free standard valuation

  • Your client will receive a free standard valuation for mortgage purposes (up to a property value of £2.5 million).

Plus a choice of either:

£250 cashback

  • Your client will also receive £250 cashback at completion, as a contribution towards legal costs.

Standard legal work

We'll arrange and pay for the cost of the standard legal work involved in transferring the mortgage and we'll also check the Assured Shorthold Tenancy.

Your client will need to pay for the following additional fees if they apply:

  • For leasehold properties - the landlord's registration fee for registering the mortgage with the landlord in accordance with the terms of the lease.
  • If the title to the property is unregistered - the additional land registry registration fee.
  • In Scotland where the deeds are currently recorded on the sasine register.

Also if any additional work is needed, which is not normally associated with a remortgage, this will be at your client's own cost. Your client will be advised of the cost of additional work before any work is carried out.

Early repayment charge

  • Should your client redeem their mortgage before the end date on the benefit package, they'll need to repay a maximum of £200 for the remortgage legal work or the £250 cashback.
  • The benefit end date is shown on our latest rates page and within the 'product notes' section of our rate bulletins.
  • The repayment of the benefit is in addition to any product early repayment charge which may apply.