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2 Questions: Early Payoff or not, Broker or not?
rlfan82
Posts: 102 Forumite
Been to see a FA in estate agent (just to see what the score was), who lightly dropped in the conversation that she charges £250. Now as far as I can tell on here, if were capable of filling in a form, and fairly confident of getting the mortgage, we shouldnt be paying for the broker right? The mortgage she looked at seemed OK, but sure I would've found it myself if I'd looked.
So 1) Broker, 2) IFA with no charge 3) Do it myself
Second, early payoff of current fixed mortgage(102k) will cost £3,100, but FA is sure we would save by switching all (133) to a new product, about 1.4% less. I'm guessing its worth it but anyone had any experience?
Thanks
So 1) Broker, 2) IFA with no charge 3) Do it myself
Second, early payoff of current fixed mortgage(102k) will cost £3,100, but FA is sure we would save by switching all (133) to a new product, about 1.4% less. I'm guessing its worth it but anyone had any experience?
Thanks
0
Comments
-
Quote: we shouldnt be paying for the broker right!!!
May I ask, do you work for free?0 -
VIGILANT22 wrote: »Quote: we shouldnt be paying for the broker right!!!
May I ask, do you work for free?
No, but if one IFA is happy with commission only, why is another not? Are they doing different jobs?
I paid a broker £450 when we really needed to. I'm just asking if a straight forward application needs a £250 surcharge0
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