Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
First Mortgage Solutions is an appointed representative of Sage Financial Services Ltd who are authorised and regulated by the Financial Services Authority (reference 150452). For residential and buy to let mortgages we charge a fee of £595 in addition to commission which may be paid by the lender. Alternatively we can work on a pure fee basis of 1% of the loan amount for our services and we will refund to you any commission we receive from the lender, subject to a minimum fee of £1500. For example, if your mortgage were for £100,000 the fee would be £1500 and you would receive back any commission we receive from the lender which is usually in the region of 0.35%. This fee is payable on in 2 stages: £95 on application for your mortgage with the balance payable on completion. For commercial mortgages we usually charge a fee of 1% of the loan amount subject to the complexity of the proposition and the loan amount.