We usually charge a broker fee of between 0.5% and 2.5% of the loan amount, this is payable on completion. For example, based on a £100,000 mortgage advance, the fee would be £500 at 0.5% or £2,500 at 2.5%. The percentage charge or total fee will be made clear at the outset. We will also be paid commission by the lender. The actual amount charged will depend on individual circumstances, however typically our broker fee is 0.5% of the loan amount.
We usually charge a broker fee of between 0.5% and 2.5% of the loan amount, this is payable on completion. For example, based on a £100,000 mortgage advance, the fee would be £500 at 0.5% or £2,500 at 2.5%. The percentage charge or total fee will be made clear at the outset. We will also be paid commission by the lender. The actual amount charged will depend on individual circumstances, however typically our broker fee is 0.5% of the loan amount.