What our service costs
If I arrange a mortgage for you I will usually be paid a commission by the lender and I am happy to work on this basis with no additional payment from you. There are a couple of exceptions to this:
- If you prefer, I can work on a fee basis and we will agree the fee. A typical fee would be £500. In this instance, any commission received would normally be payable to you.
- If you want me to carry out work where no commission is payable or the payment is extremely low I would be happy to do this work on a fee basis. For example, you might want me to consider lenders who do not pay any commission or you may want me to review options with your existing lender where no commission is payable.
If I am going to work on a fee basis we will complete a fee agreement. So you will always know if any payment is going to be charged.
Your home may be repossessed if you do not keep up repayments on your mortgage.