Our Fee Structure
Insurance
We will not charge you a fee for our services relating to insurance, but we will receive a commission from the product provider. The commission will be calculated as a proportion of the premiums paid for the insurance product.
You will receive a quotation which will tell you about the fees and charges relating to any insurance policy that we recommend.
Mortgages
For our advice services, we will charge a fee of between £498 and £996.
For Standard Mortgages; For establishing your needs, gathering information, undertaking research, making a recommendation and submitting an application for an Agreement in Principle(AIP) and submitting a full mortgage application, we charge a fee of £498.00.
Our administration fee of £249.00 becomes payable when you instruct us to set up your file, gather your information and research your requirements. We will then provide you with our recommendation(s). A further £249.00 is payable to submit an application for an agreement in principle to the lender(AIP) and if successful, to submit a full Mortgage Application.
For Auction purchases; For establishing your needs, gathering information, undertaking research, making a recommendation and submitting an application for an Agreement in Principle(AIP) and submitting a full mortgage application, we charge a fee of £498.00.
Our administration fee of £249.00 becomes payable when you instruct us to set up your file, gather your information and research your requirements. We will then provide you with our recommendation(s).A further £249.00 is payable to submit an application for an agreement in principle to the lender(AIP) and if successful, to submit a full Mortgage Application.
For Commercial mortgages; We do not offer advice in relation to Commercial mortgages however we can make a referral to a suitable firm to discuss your needs.
If an application is submitted to a lender via a packager (a 3rd party specialist) we will be paid a commission by the packager. This will be disclosed to you.
For Bridging Loans; For establishing your needs, gathering information, undertaking research, making a recommendation and submitting an application, we charge a fee of £498.00.
Our administration fee of £249.00 becomes payable when you instruct us to set up your file, gather your information and research your requirements. We will then provide you with our recommendation(s).A further £249.00 is payable to submit an application to the Lender.
If an application is submitted to a lender via a packager (a 3rd party specialist) we will be paid a commission by the packager. This will be disclosed to you.
For Complexed Mortgages; Including Adverse Credit, Complex/new Self Employed, Non-standard Income, BTL Portfolio Landlord- For establishing your needs, gathering information, undertaking research, making a recommendation and submitting an application for an Agreement in Principle(AIP) and submitting a full mortgage application, we charge a fee of £996.00.
Our administration fee of £498.00 becomes payable when you instruct us to set up your file, gather your information and research your requirements. We will then provide you with our recommendation(s).A further £498.00 is payable to submit an application for an agreement in principle to the lender(AIP) and if successful, to submit a full Mortgage Application.
If an application is submitted to a lender via a packager (a 3rd party specialist) we will be paid a commission by the packager. This will be disclosed to you.
If you choose to proceed with our recommendation and the mortgage goes ahead, we will also be paid commission from the lender for arranging the mortgage on your behalf.
The amount of commission we receive varies from lender to lender. Information about the range of commissions available to us from the mortgage products we recommend is available on request.
Refunds
If you apply for a mortgage that does not go ahead, you will receive no refund.
You will receive a personalised illustration when considering a particular mortgage. This will highlight the key facts about the mortgage product, including any fees relating to it and the amount of any commission due to us from the mortgage lender.
You have the right to ask us to provide information on the range of procuration fees that the lenders on our panels offer to us.
If an application is submitted to a lender via a packager (a 3rd party specialist) we will be paid commission by the packager. This will be disclosed to you.