At Homeline Mortgages we pride ourselves on communicating clearly with our clients, and that starts at the very beginning by being up-front about fees.
Even a small difference in mortgage rates can save you thousands in interest over the life of a mortgage. With access to a wide range of mortgage lenders (including some that only work via brokers) we shop around on your behalf to get you the best deal possible.
We always start with a FREE NO OBLIGATION MORTGAGE REVIEW with one of our friendly, experienced advisers. This will help us work out how much you can borrow, your individual circumstances and what you are looking to do with your mortgage loan.
We will also discuss exactly what you’ll need to pay so you don’t have to worry about any hidden or unexpected costs.
What you’ll pay
Following a consultation with one of our advisers we will present you with a Key Facts Illustration, which will include our fees.
Here are some simple facts about our fees:
- Our fees are charged at up to 1% of the amount you’re borrowing.
- Our typical fee is £495.
- You can pay your fee in two stages: the first instalment (£295) once we’ve submitted your application, and the remainder once your mortgage offer has been issued.
- We may receive commission from the mortgage lender in addition to the fee that we have charged you, which we will also retain.
Mortgages made simple
As a Homeline customer you will soon find that we always go above and beyond to help your mortgage application run as smoothly as possible, including handling most of the admin and paperwork, and liaising with your estate agents or solicitors if required.
With such strong industry connections, we can access products from main high street brands through to small niche lenders. By searching the market and comparing the cost effectiveness of different options and latest deals means we can help keep your mortgage costs down.
By doing so much preparation work on your behalf we get a higher rate of mortgage offers and approvals from lenders, saving you time, money and frustration.