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100% Fee Free

Fee Free?

How Fee Free Mortgage Advice Works

The biggest question we get here at Search Mortgage Solutions is how can we afford to give you mortgage advice when we don’t charge a fee?

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Many mortgage brokers do charge their clients a fee for arranging a mortgage and are adamant that they will continue to do so. The argument is that, because of tighter regulations, arranging a mortgage is much more time consuming, so they need to charge a fee for their work. However, the truth is that these brokers are actually getting paid twice: once by charging a fee to you of up to 1.5% of your loan amount and again through commission which they receive from the lender (known as a procurement fee).

When we started the business many years ago, our objectives were clear… to always put the client first. And based on the fact that we are a “whole of market” mortgage broker, we wanted to lead the way with being a fee-free broker too. Our business model was set up to allow this and, as a result, we save our clients several hundreds of pounds of initial set up fees which are unnecessary, instead taking our payment in the form of commission from the lenders.

We charge no fee for advice or for carrying out the complete mortgage application procedure.

As a fee-free broker, you go that extra, extra mile

Brokers who do charge a fee argue that this allows them to give a much better service and that they’ll go the extra mile, but surely this can be questioned as they will be paid a fee by the client irrespective of the mortgage being approved and completed. It’s much more the case that, as a fee-free broker, you go that extra, extra mile to ensure that you source your clients a correct deal to suit their circumstances and the case completes or there is no fee at all paid to them for all the completed work.

Not aware that there are fee-free mortgage brokers

Most potential mortgage clients are not aware that there are fee-free, whole of market mortgage brokers and that they can get the same, if not better, client service from a fee-free whole of market mortgage broker while saving hundreds of pounds both initially and at the point of when the initial rate finishes and is up for a review.

To find out more about how we can help you to secure your dream home, completely fee-free, be sure to give us a call on 0800 756 7794, request a call back.

What our clients think

  • Me and my partner are first time buyers, we recently used David to secure or first mortgage! The help we received from David was above and beyond, working all hours and even weekends to get the best deal possible for us. Smooth sailing and couldn’t recommend him more, thanks for everything!👍.

    Jake H

  • Excellent service from David, he secured my remortgage deal 2 years ago and he is always very helpful. He went above and beyond to get the best deal for me for my current mortgage and is always there to reassure me and offer advice and the best deals to go with. The communication was excellent with responding to my queries. I will continue to use David and his team into the future as long as these services are still available to me. I would highly recommend David and his team to friends and family. Search Mortgage Solutions is the best mortgage broker I have worked with and have used them for many years and will continue to use them for many more years to come..

    Nicholas Ward

  • I used David and team to secure my mortgage when I bought my first home where he was incredibly helpful, answered all of my (many) queries and worked very hard to find the best rate available to me. I recently used Search Mortgage Solutions again to find a new mortgage, where David worked very quickly and effectively to find me a low rate despite the rapidly rising interest rates. I will continue to use David's services as long as they are available and would highly recommend Search Mortgage Solutions to anyone looking to secure a mortgage .

    James Rynn

  • We just renewed for the third time with David, he worked hard to get us the lowest rates possible while rates were changing and made everything easy for us. Recommended as always! .

    Adrian Ingham

  • Fantastic experience with David from Search Mortgage Solutions. He had to navigate some complex issues with my remortgages and did so expertly and with patience. I’ve used this company several times now for both new mortgages and renewals and they have never let me down. Always highly professional, timely, and supportive through the whole process. I thoroughly recommend them! Thanks for everything David :).

    Stuart Avery

  • I cannot recommend David highly enough. He was extremely professional and helpful explaining all of the details in a way that I understood and made the whole process easy from start to finish. If you want to remove one of the stresses of moving house or just remortgaging then David is your guy and I had complete faith in the work he was doing for us. Will be using him again for sure..

    Michael Chapman

  • As a first time buyer, we had so many questions for David and he went above & beyond to put us at ease and make it a smooth process. Nothing was ever too much & we are really grateful to be getting our first home with a huge thanks to David. Would highly recommend to friends and family and will be using search mortgage solutions again!.

    Anna Hunt

  • Great service, from David, he arranged our mortgage 2years ago and got us a great deal this time round when our fixed term was up. We will be contacting David again when this deal needs renewing. Excellent service and advice..

    Marie Tattersall

  • David is the best. I couldn’t recommend him more highly. He’s as conscientious as they come and really cares about getting the best products for his customers and giving a great service while he does it - a really rare thing in this day and age. was recommended to him by a friend who had the same great experience and he didn’t disappoint. Utterly brilliant from start to finish. Thanks for everything David! 👍.

    Peter Lord
Search Mortgage Solutions

Address

Search Mortgage Solutions
125 Deansgate,
Manchester,
M3 2BY
0161 710 2587

Statement

Think carefully before securing other debts against your home. Your home or property may be repossessed if you do not keep up with repayments on your mortgage

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Search Mortgage Solutions - Mortgage Brokers Manchester

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