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Morgage advisor charge
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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
A fee of up to 1.5% of the mortgage amount will be charged. A typical fee is £199.
Just found this, shocking!
But they can do it but they have to declare it to you. You need to talk to your Broker first thing in the morning. If you really were not told and they are charging you, give a good boll@@@@@@ !!!
Why is it shocking?
As long as its disclosed.... £199 typical seems pretty reasonable to me.0 -
Why is it shocking?
As long as its disclosed.... £199 typical seems pretty reasonable to me.
Sorry wrong context!
I meant it shocked me!
Then again I dont think they do charge!"Banking establishments are more dangerous than standing armies." Thomas Jefferson
"How can I believe in God when just last week I got my tongue caught in the roller of an electric typewriter?" Woody Allen
Debt Apr 2010 £00 -
From what you have said it sounds like the broker (Connells?) are charging you £460 arrangement fee via the mortgage as well as the £460 fee for the valuation.
The fact the amounts are the same doesn't make it one and the same charge!
But I'm noy clear, if you quoted whole sentances from the offer together with the section number I might be clearer.I am a Mortgage Adviser
You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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