FeeDescriptionProductRangeValueCan be added to mortgage balanceRefundable
Application FeeApplication Fee charged at
start of verification and
paid by card
All£125NoNo
Funds Transfer Fee (often known as the Telegraphic Transfer Fee/CHAPS)Electronically transferring the loan funds to you or your solicitor.All£35
Product FeeFee charged for providing the productBTL RTLUp to 75% LTV1.79%YesNo
Product FeeFee charged for providing the productBTL RTLUp to 80% LTV1.89%YesNo
Product FeeFee charged for providing the productBTL RTLUp to 85% LTV2.29%YesNo
Product FeeFee charged for providing the product
BTL Refurb
Up to 75% LTV2.09%YesNo
Product FeeFee charged for providing the product
BTL Refurb
Up to 80% LTV2.19%YesNo
Product FeeFee charged for providing the productBTL DEV1st Charge Security2%YesNo
Product FeeFee charged for providing the productBTL DEV2nd Charge Security3%YesNo
Product FeeFee charged for providing the productSMEAll2.25%YesNo
Consent Letter(AKA BSQ) Process to get consent from 1st charge lenderBTL DEV SME2nd Charge Security£150NoNo

Updated on 3 October 2017

BlueZest will always attempt an automated valuation.

Automated Valuation
(AVM)
All valuesNil
If Physical
Inspection(s)
Required,
per Inspection

NB: DEV cases always
require a physical
inspection.
If an AVM is not suitable then a physical
inspection will be required. Fees shown ex VAT.
If Physical
Inspection(s)
Required,
per Inspection

NB: DEV cases always
require a physical
inspection.
Up to £200,000£175.00
If Physical
Inspection(s)
Required,
per Inspection

NB: DEV cases always
require a physical
inspection.
Up to £300,000£200.00
If Physical
Inspection(s)
Required,
per Inspection

NB: DEV cases always
require a physical
inspection.
Up to £350,000£210.00
If Physical
Inspection(s)
Required,
per Inspection

NB: DEV cases always
require a physical
inspection.
Up to £400,000£220.00
If Physical
Inspection(s)
Required,
per Inspection

NB: DEV cases always
require a physical
inspection.
Up to £500,000£300.00
If Physical
Inspection(s)
Required,
per Inspection

NB: DEV cases always
require a physical
inspection.
Up to £600,000£400.00
If Physical
Inspection(s)
Required,
per Inspection

NB: DEV cases always
require a physical
inspection.
Up to £700,000£500.00
If Physical
Inspection(s)
Required,
per Inspection

NB: DEV cases always
require a physical
inspection.
Up to £800,000£575.00
If Physical
Inspection(s)
Required,
per Inspection

NB: DEV cases always
require a physical
inspection.
Up to £900,000£650.00
If Physical
Inspection(s)
Required,
per Inspection

NB: DEV cases always
require a physical
inspection.
Up to £1,000,000£675.00
If Physical
Inspection(s)
Required,
per Inspection

NB: DEV cases always
require a physical
inspection.
Over £1,000,000refer

Updated on 3 October 2017

BlueZest borrowers agree to repay a minimum amount of interest on the loan (Equivalent to an ERC) The following minimum interest payments apply. Product Term Minimum interest

ProductTermMinimum Interest Payment
BTL Ready To LetAll12 months
BTL RefurbishmentAll16 months
BTL Development6 months6 months
BTL Development12 months12 months
BTL Development18 months18 months
SME LoanAll12 months

Updated on 3 October 2017


Example: A customer repaying a SME loan after 65 days will have to pay a further 300 days interest as an ERC. If they repay after 300 days, then they will have to pay a further 65 days as an ERC.

FeeDescriptionProductRangeValueCan be waivedCan be overridden
Statement FeeA fee for a duplicate statement. Fixed fee.All£30YesYes
Legal Documentation FeeA fee for requests for copies of title deeds etc.All£30YesYes
Interest Paid feeA fee for providing a duplicate certificate of interest paid (BTL only)All£0YesYes
Minimum RepaymentThere is no ERCs, but we do charge the full interest for the minimum termAll1 year’s interestYesYes
Change of term feeA fixed fee for changing the term of the loan.All£50YesYes
Change of parties’ feeA fixed charge for adding a new party.
A fixed charge for removing a party.
All£125
£100
YesYes
Reference feeA fixed fee for providing a reference to another lender. All£25YesYes
Mortgage Exit FeeA fee for transferring the mortgage to another lender.All£125YesYes
Further Advances Application FeeA fixed fee for an application for a further advanceAll£125YesYes
Further Advances Product FeeA % of the additional funds which may optionally be added to the balance and is interest bearing at the same rate as the loan.BTL
SME
DEV
1.5 - 2.25%
2%
3%
NoNo
Re-valuation FeeFee for re-valuing a property after refurbishment has been completedAll<6 months
>6 months
£90 Inc Vat
Full fee
YesYes
Unpaid Direct DebitA fixed fee.All£10YesYes
Arrears feeAt 90 days past dueAll£50YesYes
Litigation FeeAt litigationAll£150YesNo
Warrant ApplicationAt application for a warrantAll£150NoNo
Eviction ApplicationAt application for evictionAll£300NoNo
EvictionOn eviction and repossessionAll£5,000NoNo
Field VisitCharge for a field visit during collectionsAll£80YesYes

Updated on 3 October 2017

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