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What is a mortgage broker fee


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London Mortgage Advice Ltd – A No Fee London Mortgage Broker Service.

We will advise you, source the appropriate mortgage, submit it to the lender and then process the application through to completion without taking a fee from you.

We are able to offer you this service because the lender will pay us a fee for introducing you to them.

It is important for you to understand that this does not mean that we will recommend the lender that pays us the most commission.

On the contrary, we will recommend to you the best lender and the mortgage scheme that is most appropriate to your needs.

One of the cornerstones of the policy of the Financial Conduct Authority, FCA is to

make sure that London Mortgage Advice Ltd will treat its customers fairly.

We follow this policy and so you can be sure that when we recommend a product and lender to you, that the mortgage scheme is the most competitive deal that we are able to arrange for you as a broker.

Not all mortgage advisers offer free advice. Some charge you a fee as well as taking the fee from the lender.

In offering free advice, we take our chances that you will stick with us and allow us to arrange the mortgage for you. But you are under no obligation to do so.

However, we are confident that you will appreciate the time and effort we have given to provide you with a first class service.

Category: Forex

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