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Fees

Please confirm you have read and accept the below statement relating to how Fees work at Wooton & Bean

Please see below how we calculate the fee applicable to your application.

Residential mortgages – purchase and remortgage

  • £0 if the mortgage is more than £200,000
  • £250 if the mortgage is between £100,000 and £200,000
  • £500 if the mortgage is less than £100,000

 

Buy to Let

  • £250 per property

 

Other fees

  • £250 if we have to change lender due to a change in circumstances, rate change, change of property
  • £250 if you do not proceed to completion once the application has been submitted.
  • £500 for all applications where the applicant has impaired/adverse credit.

We reserve the right to charge an additional fee for cases where it involves more complexity.

 

Examples

Example 1

A mortgage of £250,000 which proceeds to completion = No fee

Example 2

A mortgage of £150,000 which proceeds to completion = £250

Example 3

We apply for a mortgage of £225,000, we then submit a further application 3 weeks later as you
change property and better terms are available with a different lender. The second mortgage
completes = £250

Example 4

A mortgage of £90,000 which proceeds to completion, you have impaired credit = £1,000 

All fees will be payable within 30 days of invoice

We reserve the right to waive fees or charge additional fees for more complex cases. Any fees payable will be advised after your initial consultation.

Wooton & Bean Specialist Lending Solutions

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Please be aware that by visiting this link you are leaving the Wooton & Bean Mortgage Protection and Advice website.

Please note that neither Wooton & Bean Financial Solutions Ltd or Quilter Mortgage Network are responsible for the accuracy of the information contained within the linked site.