Simmonds Mortgages

Mortgage Brokers covering Berkshire and beyond

Call: 01344 225 149 or 07979 690 056

Know The Costs Of Getting A Mortgage

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Breakdown of the costs involved with taking out a mortgage or purchasing a home:

 

Application/ Agreement Fees

Most mortgage lenders will charge you an application or arrangement fee. These will be on average £999 but can be added to the loan if required.

Solicitors Fees

As well as paying a solicitor or licensed conveyancer for the work he or she does, you’ll have to pay the cost of land registry charges and local search fees. If your lender has their own solicitor acting for them, you may have to pay their fees as well.

Stamp Duty Holiday

Stamp duty tax is payable if you buy land or property over a certain value, with the amount you pay depending on factors such as:

  • The value of the property
  • If the property is your main residence

To calculate the value you are likely to be paying - visit the following websites

Valuations and Survey Fees

You may need to pay for a valuation or survey. The amount you pay will depend on the type of valuation or survey you choose. 

Mortgage Advice Fees

Some advisers may charge a fee for advice given, however any fees will be explained and followed up with written confirmation. Fees may chnage even if your mortgage does not go ahead. 

 

We can help you!

If you would like more information or help with your mortgage please call us on 01344 225 149 or 07979 690 056. Alternatively please send us an email at info@simmondsmortgage.co.uk

Your home may be repossessed if you do not keep up repayments on your mortgage

 

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Simmonds Mortgage Services is an appointed representative of Stonebridge Mortgage Solutions Ltd and can source the most appropriate cover from its panel of insurers with a free review of you overall protection and insurance needs. As with all insurance policies, conditions and exclusions will apply.

What our Customers Say...

Your home may be repossessed if you do not keep up repayments on your mortgage.

Simmonds Mortgage Services Ltd is an Appointed Representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority.

Registered Office: Simmonds Mortgage Services Ltd, Lexham House, Forest Road, Binfield, Berkshire, RG42 4HP. Registered Company Number: 1152 8784 Registered in England & Wales.

There may be a fee for arranging a Mortgage and the precise amount will depend on your circumstances. This will typically be £399.00 paid once the mortgage offer has been confirmed.

There may be a fee for arranging an Equity Release or Lifetime Mortgage and the precise amount will depend on your circumstances. This will typically be £799.00 and is due on completion of the mortgage.

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