Our fees are for the Independence of working on your behalf rather than working on behalf of the mortgage provider.
These fees are our typical fees – an adviser is required by the firm to give specific reasons why a higher fee may be requested.
– £99 Product Transfer/Rate Switches
– £299 Clients with no affordability issues and no credit history issues.
– £499 Clients with credit history issues or where lending is limited to a small number of lenders or complex cases due to complex personal
– £99 Product Transfer/Rate Switches
– £399 Clients with no affordability issues and no credit history issues.
– £499 Clients with credit history issues, Limited Companies or where lending is limited to a small number of lenders or complex cases due to complex personal circumstances.
– £799 Clients with significant credit history issues and those requiring specialist lending including Bridging Finance
A bespoke fee structure can be discussed and may be agreed with the individual adviser for Portfolio Landords.
– Our typical equity release fee is £799.
– Under £500,000 a fee of £799 will be charged.
This will become payable upon receiving acceptance of a formal offer from the lender.
– Over £500,000 a fee of 1% will be charged (Inclusive of the lender’s commission & charged on the gross loan amount).
This will become payable upon receiving acceptance of a formal offer from the lender.
A non-refundable £299 administration fee is payable on application of any sized loan.
Complex loans, using private lenders or some specialist lenders, and loans over £500,000 we reserve the right to charge:
0.5% of the loan value, subject to a minimum charge of £1,000
A fee of £250 will be payable for an analysis of earnings and expenditure. Along with a confirmation letter of lenders expected to lend.
We will discuss your individual requirements with you, and any fees will always be agreed in writing before any work begins.
At your initial consultation, your adviser will provide an indication of the likely fee based on the information disclosed at that stage. In some cases, fees may need to be reviewed if additional information or complexities arise during the application process.
When considering a specific mortgage product, you will receive a Key Facts Illustration (KFI), which outlines any fees and charges associated with that mortgage.
If a valid mortgage offer is secured from a lender within a reasonable timescale, but the mortgage does not proceed for any reason, any fees paid will be non-refundable.
Looking for trusted financial planning, investment advice, pension guidance or mortgage advice? Our team is here to help you make informed financial decisions with clarity and confidence. Arrange an initial consultation with one of our advisers today.
Whatever you’re looking for, Veracity Financial Planning has got you covered.
2b Thackeray’s Lane,
Woodthorpe,
Nottingham,
NG5 4HP
For Pension & Investment advice email:
financialadvice@veracityfp.co.uk
For Mortgage advice email:
mortgageadvice@veracityfp.co.uk
0115 967 0888
