Price List In force from: 04/07/2022
|Account management fee||-|
|Portal Operator’s service fee⁷||1€|
|LHV Bank Link Service fee¹||According to service provider pricing|
|Inactive account fee⁸||2.5€/monthly|
|Making an investment||-|
|Service fee for seller||2% of the transaction amount|
|Administration fee (annual)³||0-2%|
|Notary fees from establishing the mortgage⁴||According to notary services pricelist|
|Establishing the mortgage by EstateGuru Security Agent||250 + VAT|
|Releasing the mortgage by EstateGuru Security Agent||100 + VAT|
|Extending loan Period up to 6 months||Up to 1% from the loan amount, min €250|
|Formal notice fee||According to local service provider pricing|
|Realisation Fee||5% of principal loan amount|
|Security agent fee||According to local service provider pricing|
|Bailiff fee⁵||According to local service provider pricing|
|Overdue payment notice⁶||20€ (according to EC directive 2011/7/EU)|
|Debt management fee⁹||8,75% of the amounts due under the Loan Contracts|
¹ – LHV Bank Link service fee – it is a fee in the amount of up to 10 euros for administrating transactions on the platform. The precise fee amount is indicated in the deposit/withdrawal section of the platform.
² – The platform reserves the right to propose a specific fee amount considering the loan amount, loan term, repayment schedule, liquidity of the asset and borrower’s background. Fx, for a loan amount of €1 000 000 with an LTV 50%, a loan term of 12 months and monthly interest payment with the principal paid at the end and strong financial background of the borrower, the intermediation fee can be proposed 2.5% from the loan amount. For a loan amount of €50 000, LTV 69%, collateral situated in the secondary city, full bullet payment schedule, the intermediation fee could be prosed 4% of the loan amount.
³ – Fx. The platform reserves the right to propose a specific administration fee amount considering the loan amount, loan term, repayment schedule, liquidity of the asset and borrower’s background. Fx, for a loan amount of €1 000 000 with an LTV 50%, a loan term of 12 months and monthly interest payment with the principal paid at the end and strong financial background of the borrower, the administration fee can be proposed 0.5% annually, paid according to the interest payment schedule. For a loan amount of €50 000, LTV 69%, collateral situated in the secondary city, full bullet payment schedule, the annual administration fee could be prosed 0%, due to specifics of the loan repayment (full bullet) and proposed intermediation fee.
⁴ – Read more about Estonian Notary Fees Act https://www.riigiteataja.ee/akt/114032011047
⁵ – Estonia: https://www.riigiteataja.ee/en/eli/517012019001/consolide; Latvia: http://likumi.lv/doc.php?id=250209; Lithuania: https://www.antstoliurumai.lt/index.php?id=1989
⁶ – We charge up to 40€ (2*20€) reminder fees in accordance of EC directive 2011/7/EU article 6 and local legislation where the mentioned EC directive has been implemented into.
⁷ – Portal Operator’s service fee is calculated and charged every time money is withdrawn from the virtual account by the investor
⁸ – An “inactive account fee” is charged as contractual penalty to users who have deposited funds in their accounts but who have not made any new investments on the Primary or on the Secondary market for the last 12 months and who also have no active loans in their portfolio. The fee will be applied monthly in case there is a positive balance on the user’s account. If the user makes an investment, the account status will be switched to active again.
⁹ – The Portal Operator is entitled to charge the Borrower the debt management fee (contractual penalty) 8,75% of the amounts due under Loan Contracts.