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Financial and mortgage advice

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Hello

How do I go about finding a good independent financial adviser and how much do they charge and when they charge etc.

Comments

  • Brokers are not allowed to tout for business on here.

    Best things is to ask family and friends if they can recommend someone local.
    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.
  • ACG
    ACG Posts: 24,608 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Google/Friends/Family.

    One thing to bare in mind is that financial advisors usually do pensions/investments/protection where as Mortgage advisors will usually do Mortgages/Protection although you may find a firm or advisor who does both.

    My understanding is that financial advisors charge a fee of around 1-2% of the investment amount on an annual basis.

    A mortgage advisor may charge a fee which could be upfront or on completion or anywhere in between, not all mortgage advisors charge. But I would expect most mortgage brokers for an average case to call somewhere in between £250-600.
    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.
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