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They are capped at £375 as @frank9755 mentioned, so it actually gets cheaper as a percentage above 250K invested. But honestly their rates are very low in the first place.
I transferred a SIPP there from Hargreaves Lansdown who were charging 0.45% for doing basically nothing, and the fund management fees were higher too (so I didn't mind liquidating in that case).
So Vanguard are charging you more for having invested more because they're charging a % rather than a flat fee. Basically over a certain amount I will be saving money compared to Vanguard I guess.
Plus I'm not locked into Vanguard funds.