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Mortgage Broker fee
Comments
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Im glad you aren't my client, every brokers worst nightmare.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 -
Good news for you, OP.
I hope you realise that you have come out of this very well up indeed.0 -
I sincerely hope he meant long standing ex-client.
You are right, you are not being cynical (after all the fee is recorded on the IDD, KFI and mortgage offer), just tight!0 -
Especially if the current month's mortgage payment is sitting in the OP's bank account.I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.0
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We all love to get something for nothing and to save a few quid but OP do you not think the honourable thing to do would be to shake hands and call it a draw so to speak, i.e hand over half the fee?
You may find yourself needing a different broker in the future so for the sake of half what you should have, and agreed to pay why not try to salvage the relationship?I am a Mortgage AdviserYou 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 -
Basically this is little more than theft. You've employed someone to work for you, which they've done, and now you're not paying them.
Great morals and ethics you have.0
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