How we are paid

On receiving an enquiry we usually invite a prospective client to come to our offices for a preliminary meeting or alternatively a Face Time/Skype Chat. The purpose of the meeting is firstly to establish whether we can bring value to the clients arrangements and are able to assist with the prospective clients needs and objectives.  If we agree to work with you, we will normally agree a level of service focusing on your financial goals and needs.  At all times, we will ensure that you are fully aware of any costs involved, before a commitment is made. We can offer different levels of service depending on your requirements. The preliminary meeting will be at our expense and there is no obligation on either side.

There are a number of ways we can be paid for our services, your investments can be charged a fee for any initial work involved and also pay us annual fee’s as a percentage of your annual management charges.  Alternatively you can simply pay an additional Fee separate from your investment should you prefer this method.  We believe that the benefits of our service and advice  should out way the costs of our service.

Where we move on to implement a financial plan including a mortgage by arranging, for instance, a life policy we may be paid commission by the provider, usually an insurance company for the successful placing of business. We will always tell you about any commission we earn.. The commission is included within the providers normal product charges, so there is nothing you need to pay us in addition. The amount of commission is based on a percentage of the premiums payable or sums invested.  Commissions such as this may be taken into account when deciding the over all financial plan fees.

A fee of £389 is payable at the outset when you apply for a mortgage. We will also be paid commission from the lender for the administrative work we do on their behalf..As we are Independent Mortgage Brokers, you may elect to pay a fee of £389 PLUS 0.5% of the Loan amount applied for. In this instance, you will receive a refund of the commission paid to us (if the mortgage amount is £150,000 then our fee would be £389 plus £750).

Your home may be repossessed if you do not keep up repayments on your mortgage.