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Mortgage Borker Discounting Commisions ?

Are there any Mortgage Borker who would share the Commisions with Mortgagee.
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Comments

  • martinhp
    martinhp Posts: 54 Forumite
    deepee wrote:
    Are there any Mortgage Borker who would share the Commisions with Mortgagee.

    Maybe if you share you salary with them!!
    independent mortgage/financial adviser martin@hendersonponsford.com
  • payless
    payless Posts: 6,957 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    There is a thread further down on similiar theme
    --
    Yes some will ( or in line with FSA rules on independence- offer a fee based service with full rebate of commission- which may or may not have the desired effect)

    Like most good business people, some brokers will take an individual view on each case, looking at work required against income.
    Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.
  • bbruce
    bbruce Posts: 369 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I found http://www.cleverdic.co.uk which I am considering.
    If you go ahead before me pls advise how it went.

    Learn from the mistakes of others - you won't live long enough to make them all yourself.
  • deepee_2
    deepee_2 Posts: 111 Forumite
    payless wrote:
    There is a thread further down on similiar theme

    Where, Link Please.
  • payless
    payless Posts: 6,957 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.
  • Froggitt
    Froggitt Posts: 5,904 Forumite
    Why do you need a mortgage broker? https://www.moneysupermarket.com compares thousands of different mortgages.
    illegitimi non carborundum
  • dunstonh
    dunstonh Posts: 121,122 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Froggitt wrote:
    Why do you need a mortgage broker? www.moneysupermarket.com compares thousands of different mortgages.

    Moneysupermarket.com Financial Group Limited is authorised and regulated by the Financial Services Authority.

    They are mortgage brokers and doing exactly the same job as a mortgage broker in an office or coming to your home will do.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • I will, how does 25% sound?
  • Froggitt
    Froggitt Posts: 5,904 Forumite
    I reckon sharing 50% of the commission will pay the arrangement fees for the mortgage I want. Of course I would expect to find my own mortgage and do it on an execution only basis for that. Hows that sound simon?
    illegitimi non carborundum
  • simonjfisher said:
    >I will, how does 25% sound?

    Just for information, roughly how much is the commission on a mortgage?
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