Hi
I've been speaking to Freelancer Financials about a new mortgage and was slightly surprised to find out they chage a £599 arrangement fee. The last mortgage broker I used, admittedly in 2014, didn't charge anything and just took the commission from the bank. I'm struggling to find the paperwork of who I used but it was a fairly mainstream broker and not a dodgy back street company.
I've also just checked ContractorMortages and they charge about £750.
So do all reputable mortgage brokers now charge for their services? If so, fair enough, they're doing me a favour but just wanted to check if this is now the norm.
I've been speaking to Freelancer Financials about a new mortgage and was slightly surprised to find out they chage a £599 arrangement fee. The last mortgage broker I used, admittedly in 2014, didn't charge anything and just took the commission from the bank. I'm struggling to find the paperwork of who I used but it was a fairly mainstream broker and not a dodgy back street company.
I've also just checked ContractorMortages and they charge about £750.
So do all reputable mortgage brokers now charge for their services? If so, fair enough, they're doing me a favour but just wanted to check if this is now the norm.
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