More brokers charging fees

Published on

Three out of five mortgage intermediaries have already started charging their clients fees for sourcing mortgages, claims RBS Intermediary Partners. Research conducted at it’s recent Forum event in Sunderland found that of the 183 brokers who responded, 44% said that they had been charging fees for more than a year and a further 16% said that they had started charging a fee in the last 12 months. “The fact that so many delegates have already started charging fees or are in the process of seriously considering it shows that intermediaries have clearly recognised the need to change their operating business models and look to diversify

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Landbay adds 11 tracker products and cuts rates by up to 15bps

Landbay has expanded its buy-to-let tracker range with 11 new products and reduced rates...

Howden expands in North Wales with Wrexham office

Howden has opened its first commercial insurance office in Wrexham as the broker expands...

UK buyers reluctant to compromise despite affordability pressures

UK homebuyers remain committed to purchasing a property but are less willing than buyers...

Keystone trims buy-to-let fixed rates by up to 15bps

Keystone Property Finance has reduced pricing across a number of its buy-to-let mortgage ranges,...

Saffron expands expat landlord range and eases residential income criteria

Saffron for Intermediaries has broadened its specialist mortgage criteria with new expat HMO products...

Latest publication

Other news

Landbay adds 11 tracker products and cuts rates by up to 15bps

Landbay has expanded its buy-to-let tracker range with 11 new products and reduced rates...

Howden expands in North Wales with Wrexham office

Howden has opened its first commercial insurance office in Wrexham as the broker expands...

UK buyers reluctant to compromise despite affordability pressures

UK homebuyers remain committed to purchasing a property but are less willing than buyers...