An overview of our mortgage fees and charges.
This page explains the fees and charges that may apply to mortgages with The Cambridge when you apply for a mortgage and during the life time of the mortgage. Some fees are only applicable in specific circumstances.
If you’re unsure what a fee is for or how it compares to the fees other lenders charge please speak with the team on 0345 601 3344 or email us.
1. Before you apply or complete
These fees may apply before we can assess and complete your mortgage applications, including valuation and legal work.
2. During your mortgage
Note: If you change to a new mortgage product, some of the fees in the ‘before your first monthly payment’ section above may also apply at this stage.
3. If you miss mortgage payments
If you’re struggling to make your mortgage payments, you may incur certain charges. We won’t charge you for a bounced direct debit or an unpaid/returned cheque.
If we’re unable to contact you, or if legal action is required because of arrears or another breach of your mortgage contract, you may be charged field agent fees and repossession litigation costs. These costs are usually added to your mortgage balance and may include solicitor fees, court charges, and costs for The Society’s representation at any hearing.
Additional charges may apply if your property is repossessed, or if an LPA Receiver is appointed to manage the property or mortgage debt. These costs vary depending on your individual circumstances.
4. Ending your mortgage
These fees may apply if you switch deals or lender, overpay more than your allowance during a fixed or discounted period, or when you repay your mortgage in full.
Note: You may be charged fees by your solicitor or conveyancer for redemption, these fees are separate and charged directly to you.
Property valuation fees
A basic valuation will be carried out to confirm the property is suitable security for the mortgage. This report is for The Cambridge's purpose and is not a survey of the property, i.e. it doesn't include details about the condition of the property.
You may choose to arrange your own survey if you want more information about the property's condition and identify any problems.
The table below provides a breakdown of the standard valuation fee according to the purchase price of the property.
| Purchase price under | Standard valuation fee |
| £100,000 | £220 |
| £150,000 | £240 |
| £200,000 | £275 |
| £250,000 | £350 |
| £300,000 | £395 |
| £350,000 | £415 |
| £400,000 | £445 |
| £500,000 | £470 |
| £600,000 | £515 |
| £700,000 | £595 |
| £800,000 | £645 |
| £900,000 | £715 |
| £1,000,000 | £760 |
| £1,500,000 | £1,100 |
| £2,000,000 | £1,400 |
| £2,500,000 | £1,600 |
| £3,000,000 | £1,900 |
Send me details
of the Mortgage tariff of charges
If you do not receive the email with the information attached in a few minutes, please check your "junk mail" or "spam" folder.
We promise not to give your email to anyone else or use it for any other purpose than delivering the requested information.