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Mortgage question...

Athlete
Athlete Posts: 24 Forumite
in Mortgages & endowments
I'm going to see a mortgage advisor tomorrow, I only need a mortgage for £40,000 and he says "I charge a fee of £295 which is only payable if and when the mortgage completes." Is this an ok fee, he says he is whole of market or should I see a fee free advisor, I have a LTV of 35%?


Also I'm a ftb and all this is new to me so what other questions should I ask?

Thanks, just seeking answers from people who are more knowledgeable in these things:beer:

Comments

  • TMSL
    TMSL Posts: 93 Forumite
    Sounds fair to me I am sure he doesnt work for nothing.
    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.
  • Wutang_2
    Wutang_2 Posts: 2,513 Forumite
    TMSL wrote: »
    Sounds fair to me I am sure he doesnt work for nothing.

    Collate this info and ask those on Moneysupermarket
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
This discussion has been closed.
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