Our mortgage fees
At a glance
Different fees apply depending on the interest rate type you choose - but here’s a simple summary. If you’re new to mortgages and there are any terms you don’t understand, take a look a look at our jargon buster for simple explanations.
A non refundable fee charged on some mortgages to secure a particular mortgage deal.
|£0 - £490||£0|
An Arrangement Fee is a fee which is payable when your mortgage is drawn down or you can choose to add this to your loan. If you choose to add it to your loan, this will increase your mortgage balance, the interest you pay and your monthly payment. The amount of the Arrangement Fee may vary depending on the product chosen.
|£0||£0 - £490|
Early Repayment Charges
If you are remortgaging a property in England, Ireland, Scotland or Wales then in addition to arrangement fees and/or booking fees you will need to pay for a valuation. However, first direct will pay for any enquiry fees to your previous lender, money transmission fees and Land Registry fees.
If you are changing the owner(s) of the property you're Remortgaging you will need to pay for the associated legal costs that come with this.
Where the mortgage and property will both continue to be in the same names and the property will be your main residence, we will prepare the legal documentation. This means that there will be no basic solicitors costs for you to pay. However you will not have any legal representation unless you arrange and pay for it yourself.
If you are transferring your mortgage to first direct from another mortgage provider, they may charge an Early Repayment Charge if you are moving during a fixed rate or "tied-in" period.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
† Lines are open Mon to Fri 8am to 10pm, Sat 8am to 8pm and Sun 9am to 8pm.
†† Lines are open Mon to Fri 8am to 9pm, Sat 8am to 5.30pm.