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broker commission on same lender remortgaging

silvercar
Posts: 49,805 Ambassador



Do lenders pay commission to brokers for retaining customers? I have a fixed deal finishing soon and want to know if the lender would pay a broker commission for sorting me out a new deal with the same lender.
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I didnt think they did but I was told recently that some of them 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.0
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Halifax, Woolwich, Accord, and a few others do. Most dont.0
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More should but only a few, I think more lenders will.0
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