FEES AND COSTS

You can download our Fees here or continue to read below

Insurance

We do not charge a fee to advise upon and arrange Non Investment Life Assurance, Critical Illness Cover, Mortgage Payment Protection, Income Protection, Home Insurance, Property Insurance or Landlords Insurance.

Residential and Buy to Let Mortgages

For advising and arranging a Residential or Buy to Let mortgage we typically charge a fee of £695; £195 is payable upon the mortgage application and £500 is payable upon the issue of the mortgage offer.

Let to Buy Package

For advising and arranging a Let to Buy mortgage on your current home and a Residential mortgage for your new home we will charge a fee of £995; £195 is payable upon the mortgage application and £800 is payable upon the issue of both mortgage offers.

Commercial Loans and Mortgages

For advising and arranging a Commercial loan or mortgage we typically charge a fee of £1,495; £495 is payable upon the mortgage application and £1,000 is payable upon the issue of the mortgage offer.

Development Finance

For advising and arranging Development finance we typically charge a fee of £2,495; £495 is payable upon the mortgage application and £2,000 is payable upon the issue of the offer.

Bridging Loans

For advising and arranging a bridging loan we typically charge a fee of £1,495; £495 is payable upon application and £1,000 is payable upon completion or 28 days whichever is the sooner.

Where we arrange a bridging loan or development finance and subsequent term loan or remortgage for the same property we will only make the one initial charge.

Second Charge Loans

For advising and arranging a secured loan we typically charge a fee of £995; £195 is payable upon application and £800 is payable upon completion or 28 days whichever is the sooner.

Fee Summary

Residential Mortgage

Fee payable Upon Application – £195
Fee Payable Upon Issue of the Offer – £500
Total Fees Payable – £695

Buy to Let Mortgage

Fee payable Upon Application – £195
Fee Payable Upon Issue of the Offer – £500
Total Fees Payable – £695

Let to Buy Package

Fee payable Upon Application – £195
Fee Payable Upon Issue of the Offer – £800
Total Fees Payable – £995

Commercial Loan

Fee payable Upon Application – £495
Fee Payable Upon Issue of the Offer – £1,000
Total Fees Payable – £1,495

Development Finance

Fee payable Upon Application – £495
Fee Payable Upon Issue of the Offer – £2,000
Total Fees Payable – £2,495

Bridging Loan

Fee payable Upon Application – £495
Fee Payable Upon Issue of the Offer – £1,000
Total Fees Payable – £1,495

Second Charge Loan

Fee payable Upon Application – £195
Fee Payable Upon Issue of the Offer – £800
Total Fees Payable – £995

General

For more complex cases we may charge a different fee arrangement and this will be agreed in writing beforehand.

We typically receive commissions from lenders with whom we place mortgages and loans and do not refund these commissions to clients.

We always source a mortgage to fit our client’s requirements and not by any fees that the lender may pay us.

We do not usually make any charge if we cannot source you a mortgage or loan unless previously agreed in writing and will refund any fees paid in this case, unless agreed otherwise.

We will arrange future mortgages, further advances and product transfers on the same property for no further fees as long as a commission is payable by the lender.

If a commission isn’t paid by the lender a fee may be charged by mutual agreement and will always be agreed in writing beforehand.

The fees stated in the fee agreement are charged by Keys (UK) Limited and not the lender, and is incremental of any fees/charges by the lender.

Non Completion Fees

If you have been provided with a decision in principle, mortgage illustration or heads of terms and you do not complete on the mortgage, choose to use another broker or approach the lender directly the full fees as stated in the fee agreement are still due.

Late Payment

In the event of late payment of the fees stated in the fee agreement we reserve the right to charge the client interest in respect of any sum due under this agreement at a rate of 2% per annum above the base rate of a high street bank from the due date. We also reserve the right to charge any fees incurred in recovering monies owed to us.

Referral Fees

We may receive a fee for introducing you as a client for other services. We will only ever introduce you to a third party with your express permission to do so.

Payments

Lender fees such as product booking fees and valuations are usually made online using your credit or debit card.

Payments must be made in the name of one of the applicants.

Some lenders or valuation panels charge a fee for credit cards. We will always try to inform you where this is the case if we are aware.

You can pay our fees using your credit or debit card; we take Visa, MasterCard, Visa Debit and we even take American Express so you can build up your miles while arranging your mortgage!

Cards

 

 

 

 

You can also pay for our services by BACS, Pingit and PayPal; please ask us for details if these methods of payment are preferred.

We comply and attest to the recommendations set out by the Payment Card Industry Data Security Standards