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Security fees

Taking security can be complex. We will be pleased to provide an estimate of the fees and expenses which may be payable in a given situation. The following are examples of typical fees which apply in routine cases:

First Legal Mortgage over a property
Charge
Such as business premises
£200
Second or subsequent Legal Mortgage over a property
Charge       
Such as a house or business premises
£150-£200
Legal Mortgage over a life assurance policy
Charge   
 
£80


You will also be required to pay expenses and fees which we may incur, such as:

  • solicitors' and / or valuation fees
  • expenses in connection with enquiries made about the security
  • fees payable to register the security, where applicable.

Different security charges apply for Lloyds TSB Scotland plc customers, please speak to your relationship manager for further details.