Benefit packages

Available to all home movers and first time buyers purchasing a residential property where the product offers a homebuyer solution.

Free standard valuation

• Your client will get a free standard valuation for mortgage purposes.

If your client would like a survey, they'll need to arrange this themselves and pay for any associated costs. For help finding a local surveyor, visit the RICS website.

£250 cashback

• Your client will also get £250 cashback on completion (which is paid to their conveyancer).

Early repayment charge

• If your client pays off 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 mortgage rates page and within the 'Benefit packages' section of our rate bulletins.
• The repayment of the benefit is in addition to any product early repayment charge that may apply.

Available to clients remortgaging their residential or Buy to Let property where the product offers a remortgage solution.

Free standard valuation

• Your client will get a free standard valuation for mortgage purposes.

Plus a choice of either:

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 (for Buy to Let cases).

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.

Or £250 cashback

• Your client will get £250 cashback on completion (which is paid to their conveyancer), as a contribution towards legal costs.

Please note for loans over £500,000, a personal search will be needed where we arrange and pay for the standard legal work. This will add additional time to your client’s remortgage application.

Early repayment charge

• If your client pays off 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 mortgage rates page and within the 'Benefit packages' section of our rate bulletins.
• The repayment of the benefit is in addition to any product early repayment charge that may apply.