Open: Monday to Friday 9am - 8pm, Saturday 9am - 1pm (by appointment) ☏ 01603 961618
At Balanced we believe its really important to be clear and not make information difficult to find, so below you will find all the details regarding our broker fees.
We think its only fair that we don’t ask you to pay us until we have successfully done the job you have engaged us to do, so if for any reason we cannot obtain a mortgage offer, you will not be charged a broker fee.
Once we have achieved a formal mortgage offer from a lender our broker fee becomes payable. This is where they have assessed your application, valued your property and agreed the loan.
We will always confirm which fee category your application falls into prior to application and before you commit to proceeding with an application.
We will also receive and retain any commission paid by the lender when your mortgage completes. This amount will be confirmed by the lender in their disclosure document which will be provided to you. Should you wish, you can request to view the commission rates from each of the lenders we have considered at the time that we make our recommendation to you.
As our broker fee is only ever payable once we have done our job successfully, it is non-refundable.
We do not charge any fees for any type of insurance advice.
Broker Fee Categories
£249.00 Standard Application
First Time Buyers
Non-portfolio Buy to Let
Limited Company Buy to Let
£499.00 Complex Application
Adverse Credit History
Layered or Non SPV Ltd Company