Don’t you hate it when people make you call to find out their fees? We do. We believe in being completely transparent with our fees. We charge a broker fee to our clients, and that’s it.
We may receive commission from the lender or insurer, but you will receive a key facts illustration explaining any fees relating to your mortgage product. Lenders often charge additional fees; product fee, arrangement fee, valuation fee, etc. We unfortunately have no control over this, but we will make sure you’re fully aware of the charges before we proceed.
After our initial chat we’ll be able to give you an outline of our fees specific to you. But generally speaking they’ll look a lot like this…
Remortgage / Moving Home
Buy to Let
Bridging / Development
1% of loan
What do you pay and when?
We are a success orientated business, so we don’t think you should pay unless we can do our job. On the other hand, we aren’t a charity and don’t work for free.
After our initial chat, if we’re going to start working together then I’ll send over all the documentation for your signature and a payment request for £95. This is non-refundable and covers the costs involved in administrating a new client and our time researching the market on your behalf. Only when we’ve found the mortgage you’re happy with and you’ve received the money from the lender will we receive the £500 balance.
Seems fair to us.