Loan Fees
What do we do with your fees?
Just like the churches and charities we support, Stewardship is a not-for-profit too.
So when the administrative costs of services are covered, any surplus is reinvested into supporting charitable activities such as training, events and resources.
Fees
- No Facility Fee
- No Hidden Costs
- Competitive, Tiered Application and Completion Fees
If you have any questions, get in touch.
Application and Completion Fees
| Loan Value |
All Loans (excluding Development Loans) |
Development Loans |
| <£499,999.99 |
Application Fee £300 Arrangement Fee 0.5% |
Application Fee £300 Arrangement Fee 1% |
| >£500,000.00 - £749,999.99 |
Application Fee £600 Arrangement Fee 0.5% |
Application Fee £600 Arrangement Fee 1% |
| >£750,000.00 - £1,999,999.99 |
Application Fee £900 Arrangement Fee 0.5% |
Application Fee £900 Arrangement Fee 1% Loan Management Fee (on application) |
| >£2 million |
Application Fee £1,500 Arrangement Fee 0.5% |
Application Fee £1,500 Arrangement Fee 1% Loan Management Fee (on application) |
Pre Completion Fees (commencing 1 January 2022)
| Item | Fee |
| Review and Approval of Third Party Loan Agreement | £105 |
| Perusal of Additional Valuation Report | £105 |
| Perusal of Additional Property Report (e.g. Damp Report) | £105 |
| Deed of Priority Agreement Fee | £210 |
| Deed of Postponement Agreement Fee | £210 |
Post Completion Fees
| Item | Fee |
| Security Release Fee | £210 |
| Subsequent Drawdown Release Fee | £210 |
| Application for Consent to Residential Lease or Licence Fee | £210 |
| Application for Consent to Commericial Lease or Licence Fee | £210 |
| Application for Consent to Third Party Borrowing | £210 |
| Consent to Update the Land Registry Register | £105 |
| Transfer to CIO Administration Fee | £210 |
| Transfer to Other Entity Administration Fee | £210 |
| First Rejected Direct Debit Fee in 12 Month Period | £50 |
| Second Rejected Direct Debit Fee in 12 Month Period | £100 |
| Third+ Rejected Direct Debit Fee in 12 Month Period | £210 |
| Refinance/Loan Term Extension Fee | 0.25% of the outstanding loan amount (minimum payment £300) |
| Loan Application Scanning Fee | From £210 |
| Breach of Loan Condition Administration Charge | £210 per Breach |
| Rescheduling Fee | £35 |
| Application to adjust/change the Stewardship Security | £210 |
Get in touch
Our team are always happy to hear from you and to answer any questions that you might have.
