Payments and fees

Early Repayment Charge – Standard/Discounted Variable Rates

An early repayment charge of three months’ interest is payable if you take out a mortgage with Kingdom Bank and transfer the mortgage to another lender within the first two or three years for the Standard and Discounted Variable rates respectively.

Mortgage Application Fees

An application fee of £300 is payable on application (non-refundable).

Solicitors’ Fees

Please contact us for details of fees for dealing with the Bank’s legal work. The Bank will require its own solicitor to act for the Bank in the setting up of the mortgage and the cost of this work is payable by the borrower.

Valuation Fees

Please contact us for an indication of the cost of an independent mortgage valuation. The Bank will require a mortgage valuation of the property from an independent surveyor on the Bank’s panel of surveyors and the cost of the valuation is payable by the borrower.