Your home may be repossessed if you do not keep up repayments on your mortgage.
Our first mortgage meeting will be met at our cost and during this meeting we will explain our charges to you.
Up until 31st of March, 2020 we will waive our normal fixed fee of between £149 to £299 payable, depending on the level of research needed and the type of mortgage applied for. This is a non-refundable fee and will cover part of our administration charges should the mortgage not complete for any reason.
In addition to the application fee, we have a minimum charge for our mortgage services of £500 payable on completion of your mortgage. We will receive a commission from the mortgage lender. If the commission we earn from the lender covers the cost of our fee, no additional fee will be charged to you, however, if the commission is less than £500, we will charge you a fee to make up the difference.
Example – our fee is 0.35% of your selected loan amount subject to a minimum fee of £500. E.g. if our commission from the mortgage lender is 0.35% this might equate to £350 based on a loan amount of £100,000.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage