How we are paid
On receiving an enquiry we arrange a preliminary meeting. The purpose of the meeting is firstly to establish whether we are able to assist with the prospective client's needs and objectives. Secondly, to issue and discuss our Initial Disclosure Documents along with our Retail Client Agreement. These documents include how we would be paid for our services, should we be instructed to proceed.
There is no charge for this preliminary meeting and no obligation on either side.
For mortgage advice you can choose how we are paid either by: A combination of commission and fee. Should the commission be below £500.00 we will charge you a top up fee to give £500.00 in total. Or a fee at our hourly rate of £175.00, with any commission received rebated to you. For example a typical mortgage of £100,000 would usually take around 3 hours to process giving a fee of £525.00 less the commission rebate.
Your home may be repossessed if you do not keep up repayments on your mortgage.
