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Updated October 2025
Mortgage Broker Fees
Who it’s for
Anyone comparing mortgage brokers, wanting to understand how broker fees work, what’s included, and how advice charges differ between firms.
What you do
We act as an independent mortgage broker, explaining fees clearly from the start. Our advice is free and without obligation and we only charge a broker fee if you proceed with a successful mortgage offer.
How it works
You outline total costs upfront, covering broker fees, lender charges, valuations, and legal costs. Clients get a personalised fee quote before applying, ensuring complete transparency and no surprises. Fees include protection & insurance specialist.
Why trust you
FCA-regulated, CeMAP-qualified advisers; 2,500+ verified 5★ reviews; honest, transparent pricing; “no offer, no fee” policy where applicable; trusted by thousands of homeowners nationwide.
Next step
Just ask for our fees and what you’ll pay only if your mortgage completes. Depends on mortgage type and requirements.
Mortgage support from first viewing to long term monitoring post completion
Get end-to-end mortgage help with free, no-obligation advice. From first-time buyer budgeting and AIP through to remortgages and portfolio buy-to-lets. Our advisers compare 130+ lenders and 25,000+ products, coordinate your application, monitor rates right up to completion, and then move you onto our 24/7 mortgage monitoring app for ongoing savings alerts. Our approach to Mortgage Broker Fees is simple: advice is free; a single success fee is payable only when we secure your formal Mortgage Offer. Protection and insurance experts build cover around your circumstances.
Our Goal: lower total cost, clear next steps, proactive support beyond completion.
How Our “Pay on Success” Model Compares
| Broker model | Upfront advice | When do you pay? | Typical extras | Who it suits |
|---|---|---|---|---|
| The Mortgage Broker (us) | Unlimited & free | Only on formal Mortgage Offer | None: complete transparency | People who want expert help without upfront risk and access to real advice and right products |
| Fee upfront broker | Often free | Retainer or upfront fee; sometimes another fee at offer/completion | Admin/processing fees possible | People with ultra complex cases who need guaranteed capacity |
| “Fee free” broker | Free | £0 to you; paid via lender commission | May have volume focus; verify lender panel breadth | Simple cases or those prioritising zero fee to adviser. Not complex. |
We serve simple and complex cases. Our advice is free; the success fee only triggers at offer: aligning our interests with yours.
At a glance: All the below FREE
- Free, no obligation advice: unlimited calls, emails, WhatsApps, Video Calls
- Access to all 130 Lenders instantly, compare 25,000+ Mortgage Rates
- Exclusive Rates via a Mortgage Broker only options
- Free Affordability Checks, Document Guidance and Recommendations
- Mortgage in Principle (Agreement in Principle/Decision in Principle)
- Application Packaging & Updates
- Help for FTB, remortgage, movers, landlords & portfolio BTL
- Rate monitoring to offer & completion (if the market changes, we will switch the rate)
- Protection specialists: life, critical illness, income protection; Ltd company directors & shareholders
- General insurance: buildings & contents, landlords, in house expert dedicated to getting you quotes
- After completion: 24/7 mortgage monitoring app offering info, rate alerts and easy access
💡 You only pay a success fee when we secure your formal Mortgage Offer.
❌ No offer = no fee.
Why we do it this way: Real humans, real experts – genuine care and customer service. We believe we will get you the right result for your needs and we won’t charge a penny unless we prove it so. We are only rewarded when we deliver results. Even then the cost is modest in comparison to the work and result. Sam Kirtikar, CEO.
Our promise on value
- We’ll show you the maths (fee-free vs fee-paid) and recommend the option that’s truly cheaper overall
- Advice stays free, whether it takes one call or one hundred
- You only pay on success — when your Mortgage Offer lands
Transparent Pricing: Simple & Fair
| Stage | What you get | Our charge |
|---|---|---|
| Discovery & Advice | Unlimited calls, WhatsApp, video calls, document triage, affordability guidance | £0 |
| Research & Strategy | Whole‑of‑market product/criteria search, recommendation report | £0 |
| Mortgage in Principle | AIP/DIP letter for agents/offer | £0 |
| Application & Packaging | Submission to lender, liaising with underwriter, updates | £0 |
| Success Fee | Due only when a formal Mortgage Offer is issued and if you decide to proceed | Av: £284
Capped at 1% |
| If no offer or customer says no thank you | Case closed – no charge | £0 |
No hidden admin or “processing” add‑ons. We’ll also disclose any lender procuration fee (commission many lenders pay brokers) in writing, so you see the complete picture.
Mortgage Broker Fees UK
Some brokers don’t charge clients directly and that can be fine for straightforward cases, though be sure you are getting thorough advice and focused research. Our model keeps advice free and adds a success only fee so we can invest the time all cases need: complex income, contractors, limited-company directors, portfolio BTL, credit blips or fast auction timelines.
The aim is simple: deliver the right approval at the lowest realistic total cost.
£0 On any advice or mortgage in principle 24/7 Mortgage MonitoringI received very professional service and great value for money. I HIGHLY RECOMMEND The Mortgage Broker
Who we help
- First-time buyers: budgeting, deposit options, AIP/DIP, offer strategy
- Remortgage & home movers: product transfer vs remortgage comparisons, fee-vs-no-fee maths
- Landlords & portfolios: BTL, Ltd-company structures, stress-test rules, portfolio affordability
Start to finish: how we support you
- Planning & affordability (free): soft-search checks, documents checklist, offer-ready plan
- Sourcing & advice (free): we compare lenders/products and show total cost (rate + product fee + Mortgage Broker Fees)
- AIP & application (free): fast AIP, then packaging to lender; we chase underwriters & valuers
- Rate monitoring to completion: we keep checking for better options and switch if the maths wins
- Beyond completion: you move to our monitoring app for always-on guidance and rate alerts
Protection & insurance are crucial. All part of the service.
Protection:
Life, Critical Illness, Income Protection: tailored for individuals, families, limited company directors and shareholders.
General Insurance:
Home insurance is a mortgage lender requirement. We cover buildings & contents, landlords’ cover and our specialist adviser gathers quotes so you don’t have to.
Why choose The Mortgage Broker – An Award Winning & Trusted Service
Our Mortgage Broker Fee upon successful completion is more than value for money. It’s the smart choice.
- Access market-leading rates: some lenders only provide certain rates through brokers.
- Search breadth: compare 130+ lenders and 12,000+ rates to fit specific income needs and circumstances.
- No charge for advice, comparing rates or a Mortgage in Principle; fee applies only if you proceed on offer.
- Higher approval potential: expert packaging and lender fit improve outcomes vs going direct.
- Brokers work for you, not the bank: whole-of-market access vs a single lender’s products.
- Far less legwork: brokers understand lender criteria, steer you from mismatches, handle paperwork and liaise through to completion.
- Access to broker-only products: some lenders and complex-case options are only available via brokers.
- Cost awareness: brokers assess total costs (e.g., product fees, solicitors, stamp duty) and can reduce set-up costs by product selection.
- 24/7 mortgage monitoring post-completion via the app, with alerts when better rates or options arise.
Five Reasons to Use a Mortgage Broker
Sarah Mascot, CeMap Qualified Mortgage Broker.
A mortgage broker finds the best possible rate for your exact circumstances.
Is a Broker Fee Worth It?
Some quick maths on example figures. Even tiny rate improvements can outweigh a typical broker success fee during a 2‑year fix.
Per £100,000 borrowed (25‑year repayment term):
| Rate improvement | Approx. monthly saving on £100,000 mortgage | Approx. 2‑year saving |
|---|---|---|
| 0.10% | £5.81 | £139 |
| 0.15% | £8.71 | £209 |
| 0.20% | £11.59 | £278 |
| 0.25% | £14.47 | £347 |
| 0.30% | £17.34 | £416 |
| 0.40% | £23.07 | £554 |
| 0.50% | £28.76 | £690 |
Example: On a £250,000 mortgage, a 0.30% better rate saves roughly £1,040 in the first two years alone (£416 × 2.5).
We will run personalised comparisons so you can see, in pounds and pence, which option is genuinely cheaper.
- Experience: “We’ve handled thousands of first-time buyer, remortgage and landlord cases.”
- Expertise: “CeMAP-qualified, FCA-regulated advisers who know complex income, BTL and credit quirks.”
- Authoritativeness: “130+ lenders, 25,000+ products; shortlisted for major industry awards.”
- Trustworthiness: “Transparent Mortgage Broker Fees, written disclosures, and 2,500+ 5★ Trustpilot reviews.
Auction Mortgage in 5 Days | Why Our Success Fee Was “Worth Every Penny”
Fast-track auction mortgage (56-day deadline). John prepared everything up-front, so when the client won at auction the application flew through: App Wed 11/06 → Val Fri 13/06 → Offer Mon 16/06. Other brokers warned 4–8 weeks; we delivered in 5 days with three smooth rate switches before completion. The client calls our £499 success fee “worth every penny” for doing it properly and fast, with clear advice on mortgageability even before they secured a property. Result: a stress-reduced, deadline-safe offer and a happy client who “highly recommends”.
There was a 56 day timeline as a Modern Method of Auction Mortgage. Timeline:
- Wed 11/06 – Application submitted 17:30
- Fri 13/06 – Valuation completed
- Mon 16/06 – Mortgage offer received
What made the difference: prep done early, lender fit right first time, proactive chasing, and rapid rate switches (x3) inside strict timelines.
Read the full Trust Pilot review here HERE
Why Do Some Brokers Charge Fees At All?
Mainly, the answer is so we can work harder for you, on your circumstances leaving no stone unturned. We don;t just skip through. Furthermore, our advisers are specialists and trained. Running a quality brokerage involves regulated compliance, qualified staff (e.g., CeMAP), PI insurance, case management systems, and the time to research/prepare complex applications. Lender commission alone rarely covers the depth of work needed for tricky cases or smaller loans. Our model keeps advice free while ensuring we’re resourced to deliver and we only get paid when we deliver your offer.
Risk warning: Your home may be repossessed if you do not keep up repayments on your mortgage.
Some buy-to-let and commercial mortgages are not regulated by the FCA.
Regulatory & disclosure:
The Mortgage Broker Ltd (trading as The Mortgage Broker) is authorised and regulated by the Financial Conduct Authority. We disclose our Mortgage Broker Fees and any lender procuration fee in writing before you proceed.
Excellent service Really good communication, sorted out a tricky second mortgage working to a tight financing deadline when other brokers had failed. Fees were less than many others but service excellent, with a broker to set up the mortgage product and then a customer care person to make sure everything went smoothly. Really can't fault them.
Finalist Best Mortgage Broker 2025
Voted UK Wide
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