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Price list


Atom Bank is closely involved in the mortgage industry’s initiative with the Council of Mortgage Lenders and Which? to make our fees and charges easy for you to understand. 

Our price list fully reflects these good practice principles. This same document is being used across the industry to help customers compare mortgages. 

When looking at the fees that other firms charge, you may notice some that don’t appear in our price list (below). This means we don’t charge you these fees.

When you will pay this charge: before your first monthly payment
These are the fees and charges you may have to pay before we transfer your mortgage funds.

Name of charge         What is this charge for  How much is the charge? 
Funds transfer Electronically transferring the mortgage funds to you or your solicitor. 
We will only charge this if we send the funds via CHAPS (Clearing House Automated Payments System).
£10
Legal work We will instruct a solicitor to act on our behalf in connection with your home purchase transaction. You may be required to pay their legal fees and costs as part of their work on our behalf.

We will not add any additional charges to the costs of this work.

These fees/ costs are normally charged by the solicitor, directly to you unless we tell you that we will contribute to the legal costs as part of your product deal.

There may be additional charges for non-standard legal work and third party payments.
Base legal fee  
Property value £
£0 - £300,000
£354 (inc VAT)
£300,001 - £600,000 
£450 (inc VAT)
Over £600,000
£690 (inc VAT)

Product fee This is charged on some mortgages as part of the deal. It can be paid up front or added to the total mortgage amount. If you add it to your mortgage, you'll pay interest on it at the same rate as the rest of the borrowing.
Varies by product. Please refer to your mortgage illustration in your Vault.
Re-inspection If your mortgage is released in stages and you're using it to renovate your home, this covers the new valuation we need to do after the work's carried out.
We will not add any additional charges to the costs of this work.
£75 (inc VAT)
Valuation retype Where there is a previously prepared valuation report, we may be able to rely on this, subject to the valuer meeting Atom Bank criteria (They must be a member of the approved panel and also be a member of RiCS).

In these circumstances, you will pay this fee, rather than having to instruct, and pay for, a new full valuation.

We will not add any additional charges to the costs of this work.
£30 (inc VAT)
Valuation Our valuation report, which is used to calculate how much we will lend you. This is separate from any valuation or survey of the property you might want to commission.

There are other homebuyers or structural survey options available to you at a cost and there may be different approaches in different parts of the UK.

Some mortgages offer free valuations - the product details for your mortgage will tell you if this is the case.

We will not add any additional charges to the costs of this work.
Value up to
£ 
Mortgage valuation
£ 
£100,000
£155
£150,000
£185
£200,000
£220
£300,000
£280
£400,000
£350
£500,000
£425
£600,000
£500
£750,000
£600
£900,000
£700
£1,000,000
£770
£1,000,000+
Available on request
 
We don’t charge account fees (for creating and managing your account) or application fees (for assessing and processing your application).

When you will pay this charge: if you ask us for extra documentation and / or services beyond the standard management of your account

Name of charge  What is this charge for?  How much is the charge? 
Request for legal documentation  Any original documents relating to your mortgage that you ask for, e.g. title deeds
£20
We don’t charge you for supplying a duplicate or interim statement, or indeed for duplicates of your certificate of interest paid each year.

When you will pay this charge: if you change your mortgage
NB If you change to a new mortgage product, the ‘before your first monthly payment’ fees may also apply at this stage.

Name of charge  What this charge is for  How much is the charge? 
Early repayment charge (changing your mortgage)
You may have to pay this if:
  • You overpay more than your mortgage terms allow;
  • You switch mortgage product or lender during a special rate period (e.g. while
  • you’re on a fixed or tracker interest rate).
£variable - please refer to your Mortgage Offer.

The ERC is a percentage of your outstanding loan at the time of repayment. The percentage applied will vary depending on how long is left on your mortgage deal. 
Change of term
Extending or reducing the remaining term of your mortgage.
£20
Change of repayment method Transferring all or part of your mortgage from a repayment to an interest-only basis.
£50
Partial release of property Payable if you want to remove part of the property or land from the mortgage. It covers administration costs, including sealing the relevant legal deed and issuing letters of consent.
£58 (inc VAT)
Change of parties Our administrative costs of adding or removing someone (a ‘party’) from the mortgage.
£354 (inc VAT)
Consent to let
If you want to let your property but don’t have a buy-to-let mortgage, you’ll pay this for each ‘consent to let’ agreement, where we agree to you letting out your property for a set period within your existing owner-occupier mortgage.
£20
We don’t charge you for providing a reference to another mortgage provider.

When you will pay this charge: if you are unable to pay your mortgage
These are the most common charges you may have to pay if you fail to keep up with your mortgage payments. Some charges, for example those covering unpaid / returned direct debits, occur at the early stages of your inability to pay (arrears). Other charges, for example, relating to our repossession of the property, may apply later in the process and will be dependent on your circumstances.

Name of charge  What this charge is for How much is the charge?
Unpaid / returned direct debit Payable when your nominated bank rejects a direct debit collection.
£8
Arrears management You may be charged an arrears fee on a monthly basis, or when specific events happen in the management of your account when you are in arrears.
This covers charges in respect of your account if you fall behind with your payments.
£20
Payment of ground rent / service charge If you’re unable to pay your ground rent or service charge, we may pay it to protect our assets. This charge covers the time it takes us to do this. We’ll add any ground rent or service charges that we have to pay to your outstanding balance.  £25 (plus the ground rent / service charge)
Field agency home visit If you find yourself in financial difficulties, we may instruct a third party agent to visit you,  assess your circumstances and look at the best repayment option. The cost of this service depends on the third party; we don’t add any additional charge.  £variable 
Appointing a Receiver If we need to appoint a Receiver under the Law of Property Act, we’ll pay their costs and then pass them onto you. Costs will vary depending on the property type and your circumstances. £variable
Litigation: Summons Covers the costs for issuing formal legal documents and requesting legal action to proceed, if we have to go to court. This will be added to the outstanding amount that you owe.
£variable
Legal work following repossession Covers the legal costs for repossessing and selling your property. This will be added to the outstanding amount that you owe. £variable
Repossession Covers the cost for an Asset Manager to take possession of your assets. This will be added to the outstanding amount that you owe. £variable

Repossession insurance Covers the cost of insuring any repossessed assets. This will be added to the outstanding amount that you owe. £variable
Asset management Covers the costs of an Asset Manager to carry out work on our behalf, for example valuing and managing the sale of an asset. This will be added to the outstanding amount that you owe. £variable
Asset sale The costs of selling an asset following repossession will be added to the outstanding amount that you owe. £variable
We don't charge you for instructing solicitors

When you will pay this charge: ending your mortgage term

Name of charge What this charge is for How much is the charge
Early repayment charge (ERC)
(ending your mortgage)
You may have to pay this if:
  • You overpay more than your mortgage terms allow;
  • You switch mortgage product or lender during a special rate period (e.g. while you're on a fixed or tracker interest rate).
£variable - please refer to your Mortgage Offer.

The ERC is a percentage of your outstanding loan at the time of repayment. The percentage applied will vary depending on how long is left on your mortgage deal.
Mortgage exit fee You may have to pay this if:
  • Your mortgage term comes to an end;
  • You transfer the loan to another lender; or
  • Transfer borrowing from one property to another:
This is payable either at the end of the mortgage term, or before the end of your mortgage term if you transfer the loan to another lender or another property (known as 'redemption').
You may be charged a separate fee by your solicitor or licensed or qualified conveyancer for their work relating to the redemption of the mortgage and discharge of the security.
£0





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