Indicative Fees

Our standard fee table below gives an indication of the likely fee for each transaction. Each application is considered individually and the offer we submit will show the actual fee.

April 2022

Security Sum Held Fee (including VAT)
up to £15,000 £588.00
£15,001 - £100,000 £990.00
£100,001 - £250,000 £1,500.00
over £250,000 by negotiation

Where the Building Owner or the Person Giving Security is not resident or registered in the United Kingdom the next fee band will apply. (This includes the Channel Islands and the Isle of Man.) There is also an enhanced due diligence fee for offshore applicants which is currently £2,250 plus VAT for individuals and £3,250 plus VAT for corporate entities.

The full fee must be paid before Security is deemed to be effective.

The Setting Up fee includes release of security in full in a single payment to the PGS.

If the Security Sum is “topped up” to the next fee band the difference between the fee bands will be applied.

Additional fees (including VAT):

Reissuing Offer and Transaction Schedule £90.00
Fee per interim payment £90.00
Additional "top-up" deposit under same Transaction £90.00
Final payment under Building Contract £200.00
CDD fee per Third Party payee £300.00 (not applicable to the Main Contractor under a building contract)
EDD fee per offshore Third Party payee £2,250 plus VAT for individuals, £3,250 plus VAT for corporate entities
VAT rate 20%