Monthly Prize Draw
Mortgage Application for
just £95
Want to win a mortgage application for just £95? Submit your property details and score 5/10 on the test to enter this month's draw.
How Broker Fees Usually Work
Understanding the typical cost structure of specialist finance.
1Commitment & Application
£500 - £1,000+ Pre-Completion
Because specialist finance deals are complex and highly bespoke, brokers require a non-refundable upfront fee to commit their time to your case. This filters out unserious applicants and compensates the broker for the hours spent negotiating with lenders, structuring the capital stack, and formally packaging the application.
Note: Depending on the broker, this is usually charged either as a single upfront commitment fee, or split into two stages (e.g. £300 for initial engagement, then £400 upon formal application).
2Completion
0.5% - 1.5% Success Fee
A final success fee is paid directly out of the loan funds upon successful completion and drawdown. This forms the bulk of the broker's actual earnings for successfully getting your complex deal over the line. If the deal does not complete, this fee is not charged.
The Prize Draw Advantage
Win this draw, and your entire pre-completion phase is covered for a flat £95. This replaces all direct broker commitment and application fees. You skip the hefty upfront costs and only pay a standard success fee if your deal successfully completes.