Mortgage Advice - Our Fees
Our Values: Accessible, Authentic Advice
Our Promise: Transparency
Sometimes there seems to be a cloud of mystery over mortgage adviser fees. Too often, it’s vague or even missing from websites, leaving you unsure about costs and when you’ll have to pay.
At Rosewood Little Associates Ltd, we understand the uncertainty that comes from unclear information. You need to trust your broker & we believe that being up-front & honest about our service is the first step in gaining your trust. We believe in genuine honesty and fairness, and that’s reflected in everything we do.
When You Pay: You won’t be charged until the day we submit your mortgage application. This ensures you only pay when we have done all the heavy pre-work, research & advice culminating in a confident mortgage application submission.
Refunds: If your mortgage does not go ahead, you will receive no refund but we will transfer the fee to your next/ subsequent property as long as this is within a 6-mth period. If we fail to get you a mortgage through any fault of ours, we will refund your fee in full
Our Simple Fee Structure
We believe in keeping things straightforward and this is our fee structure:
Standard Mortgage or Remortgage (residential or BTL)
Our fee for arranging a residential or buy-to-let mortgage is £376, giving you expert advice and support from start to finish (existing client: £276 because we value loyalty)
Product Transfer or Further Advance
For simpler cases like switching your deal or borrowing more from your current lender, our fee is just £176 (existing client: £126 because we value loyalty).
Complex Case
(e.g. Significant Adverse Credit, Ltd Company or Portfolio Buy to Let, or Specialist Schemes): Our fee is £576 (existing client: £476 because we value loyalty).
We will confirm to you the fee that will apply
A fee does not apply to insurance advice as we are paid commission from the provider
A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
Why do we Charge a Mortgage Advice Fee?
Any business has to consider it’s service & what it costs to provide that service. To provide our highly personalised advisory service we need to charge a fee. We keep our operating costs lean in order to provide our high standards at a very reasonable cost. We consider the time involved in supporting our clients from start to finish on their mortgage journey including providing after care as well as the logistics & infrastructure required. All of these are taken into consideration in determining our fees.
Our fee is in addition to any commission we may receive from the lender for the work we complete on their behalf; the exact amount being disclosed to you in the lender-specific documentation. Our fee represents the additional value we add not just the mortgage application, which is what the lender pays, as if we were a member of their branch staff.
We want to do honest work for honest pay and that’s why we decided
- We won’t buy you a fancy present when you move into your new home because we prefer to keep your fee lean
- We won’t give you vouchers if you refer us to a friend because we believe you prefer to recommend us without incitement to do so
- We work with other trustworthy referral partners with shared values should you need wider financial assistance
What do I get for my Mortgage Advice Fee?
By choosing our service, you’re not just paying for mortgage advice—you’re getting access to a wealth of value, threaded through our thoughtful process. If you want to learn more about our process then click Client Mortgage Journey. Here is the value you get from our service:
- Our time is not rationed with you & we are not under pressure with sales targets like volume firms are. We differentiate based on value. We are generous with our time. You can reach us out of business hours & we are flexible to your family’s time needs. If you need to talk or email or message us we are open & respond promptly.
- Direct Dial to our Director. While you are progressing through your mortgage journey you speak to Rosie, our Firm Principal, not an assistant. Straight through to your dedicated adviser, the person you trust with years of experience & knowledge and who takes accountability for your satisfaction very seriously.
- Continuous rate monitoring to ensure you’re always on the right deal, even after we’ve obtained your mortgage offer. We don’t stop there. Your lender won’t tell you if they drop their rates but we will look to secure rate drops for you.
- Review of your financial resilience & thoughtful insurance advice to protect your home and family, tailored to your budget & personalised to your attitude to risk.
- Legal and third-party coordination to streamline the entire process, reducing your stress. We help you join all the dots.
Why would you pay a Fee when you can get it for Free?
We are completely dedicated to getting the best outcome for you.
Our primary focus is on what suits your needs, not any lender’s. Is it just me who is sceptical over what I am getting if I am getting it free?
There are good fee-free brokers out there too but as with anything “free” you have to read the terms & conditions.
Paying our modest fee ensures our advice is fully tailored to your best interests, providing peace of mind that no shortcuts are taken in securing your mortgage.
Our Mortgage Fee is not a Cost, it’s an Investment
Our fee isn’t just about arranging a mortgage; it’s an investment in a comprehensive and personalised experience to make one of the biggest financial decisions of your life.
We go beyond finding a suitable deal, offering guidance and support through every step of your home-buying journey. From the initial planning to navigating paperwork to liaising with solicitors and lenders, we ensure the entire process is smooth and stress-free, saving you valuable time and worry.
We are upfront about our Mortgage Fees. We are proud of our Service
Transparency is at the heart of what we do. You know exactly what you’re paying for upfront and only pay when we’ve delivered on our service. This level of openness isn’t always guaranteed with fee-free brokers, who may have incentives that are less visible. Our loyalty lies with you, ensuring your needs come first, always.
We value your Loyalty as a Mortgage Client
We tangibly reflect loyalty to existing customers in our fee structure and this doesn’t always happen in finance. Have you noticed that lenders & other financial providers often offer better products to attract new customers rather than looking after existing customers. As an existing client we know you already & so our admin is streamlined coupled with the fact that we want to provide our service to you over many years. We value your loyalty.
We give you the option for a no-obligation Mortgage Discovery Consultation
Ultimately clients work with us because they resonate with us, our service, our values & who we are as people. You can meet Rosie online for a chat to work out if we are the broker for you but we ask one thing. If you don’t like what you are reading here & are not prepared to pay a fee for mortgage advice then don’t book in. Our time is precious, dedicated to serving our loyal clients.
