Buy-to-let
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What Mortgage has partnered with online credit information provider, Equifax, to gain insight into the home buying and mortgage application process.
We would like our readers to share their experiences – whatever stage of the mortgage application you are at. Whether you are a first-time buyer, remortgaging or buying your next home, we are interested in your experiences and opinions.
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Having confidence in your Broker.
I am currently in the process of remortgaging my property, the broker has provided me a good offer from Birmingham Midshires with the acception of the fees, the Valuation was £480 and the Application fee £2600 or 2.5%.
When I quieried this the broker said he made an error on the Valuation and it should be £380, the Application fee is because the rate I am getting is a special offer and that he cannot provide a full mortgage illistration from BM due being confidentual between the Broking company and BM.
When I check the BM website the average fee is £1999 if not less.
Does leave me puzzled.