Fees & Charges

Solution Mortgages Limited may charge a fee for arranging your mortgage or remortgage. The fee is £1,695. These fees are negotiable. We will not charge any fees or receive any commission if your mortgage does not complete. You will receive a key facts illustration which will tell you about any fees relating to the mortgage arranged through us.

Don’t forget to budget for the other costs that you may incur when buying your home:

Stamp Duty Rates:

Band                                          Normal                               Additional Property

Less than £125K                                 0%                                             3%

£125K to £250K                                 2%                                             5%

£250K to £925K                                 5%                                             8%

£925K to £1.5M                                  10%                                           13%

All over £1.5M                                    12%                                           15%

  • If your mortgage exceeds a certain percentage of the valuation your lender may charge a Higher Lending Charge to cover the greater risk.
  • Your solicitor will charge a fee for searches and conveyancing. We would expect that you will always negotiate the solicitor costs yourselves.