05 Feb 2016

A question about : mortgage broker fees

hi

how much does a mortgage broker charge to come to your house on average? (looking to remortgage) or do most of them make there money from commision?

Is there anything i should look out for if i make an appoinment to see one?

thanks

Best answers:

  • Many don't charge- if they are local, as earn from commissions
    Check registered with MCCB
    Check if any lender panel is wide enough
    Personal referral is a good bet
  • Quite a lot charge and that is disgusting in my view. However, a signficant number will not charge to visit you or to arrange the mortgage so shop round.
  • you could use a telephone broker
    Seriously, in this day and age you shouldn't really be paying a brokers fee unless you have a very specific reason to do so
  • nasty cough there mortgageman !;D
    (btw Mortgageman - I'm on Hols from middle of next week, !whilst the mortgage boards are less busy than they used to be , and Lisyloo, !diggingout, !DD and others !seem to keep on top of things anyway - you did mention you might want to pop in a bit more often whilst I was away)
  • stepp, if you click on payless' site, you can see his phone number, and he has some kind of thing about special deals for people who link in from MSE.com.
    If you click on MortgageMan's, they have a FREE phone number. But his cough is so bad I don't know whether he will be able to talk to you.
  • Indeed and I would highly recommend Colin (payless).
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