We believe you should only pay for what has been helpful, so we only bill our clients after a significant amount of work on your mortgage has already been done. We typically expect the first payment only once the application has been submitted.
It is only at application stage that we would charge the first part of our fee, typically 0.3% of the amount borrowed.
. If applicable, any remainder would be collected once the mortgage completes.
This fee also covers the dedicated sales support team that process the application, liaising on your behalf with the lender, the valuer, the estate agents and the solicitors.
This helps to ensure the process goes smoothly and all parties work together towards the desired completion date.
In detail, a “significant amount of the work” means that we have completed the following stages:-