We can work together to answer these questions for you and to help you make decisions that you will be pleased with for years to come. The FSA defines an independent Mortgage firm as a firm that operates from the whole market, and offers their clients the option to pay a fee for their services, in place of receiving commission. You cannot hold yourself out as being an independent Mortgage firm unless you offer customers a purely fee-based option. If no pure fee-based facility is available you can not state that you are independent. You can choose how we are paid: A fee of £295 payable when you apply for the mortgage and we will also be paid commission from the lender. Or you could choose a fee only option where you will pay a fee of £599.00 and we will pass on any commission paid by the lender to you. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
The FSA defines an independent Mortgage firm as a firm that operates from the whole market, and offers their clients the option to pay a fee for their services, in place of receiving commission. You cannot hold yourself out as being an independent Mortgage firm unless you offer customers a purely fee-based option. If no pure fee-based facility is available you can not state that you are independent.
You can choose how we are paid: A fee of £295 payable when you apply for the mortgage and we will also be paid commission from the lender. Or you could choose a fee only option where you will pay a fee of £599.00 and we will pass on any commission paid by the lender to you.