Associated costs – read the fine print
It's easy to get carried away when you've spotted a great rate. But be cautious. The devil is always in the detail. A headline rate will not necessarily reflect the true cost to you. Before signing on the dotted line, do your sums. Remember to consider all of the associated costs when buying a property, such as advice, arrangement fees, legal costs and stamp duty. Together, these can amount to a fairly sizeable chunk.
The last thing you need when signing up to the largest financial commitment you're likely to make, is a costly surprise further down the line. Once we've sourced the most suitable mortgage for you, we can help with all the application paperwork and will give you a clear breakdown of costs.
Some lenders will dangle carrots, such as free valuations; free legal costs or they may waive arrangement fees. If these incentives are important to you, we can factor them into our search to find your ideal mortgage partner.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Our fee for mortgage advice advice is £175 per hour. We find it will typically takes us 5 hours to arrange a mortgage, which would mean a total fee of £875. It could be more or less than this, depending on your individual circumstances, or we can accept commission from the lender.
You can have a free initial consultation. There's no fee, no catch and no obligation on your part.