Common use of Scope of Advice Clause in Contracts

Scope of Advice. We offer a comprehensive range of mortgages from across the market, but not deals that you can only obtain by going direct to a lender. For second charges or consumer buy to let mortgages, we offer a comprehensive range of mortgages from across the market, but not deals that you can only obtain by going direct to a lender. We offer the following alternative finance options: A further advance from an existing lender A second charge mortgage Consumer buy to let A re-mortgage Bridging Finance We do not offer the following finance options: An unsecured loan. Our Charges We would normally be paid a procuration fee by the lender of up to 0.5% for mortgages and consumer buy to let mortgages. For example, for a mortgage of £100,000 we would receive a fee of up to £500. For mortgages and consumer buy to let mortgages up to and including £150,000 we also charge a flat fee of £250 to research the market and advise you on the most appropriate loan for your needs. The £250 is payable upfront and is only refundable if we cannot find a lender to place the mortgage with. For a second charge mortgage we will be paid a procuration fee by the lender. You may request an illustration from your adviser whenever our firm provides you with information, specific to the amount you want to borrow, following assessment of your needs and circumstances. You will receive a key facts illustration when considering a particular mortgage which will tell you about any fees relating to it.

Scope of Advice. We offer a comprehensive range of mortgages from across the market, but not deals that you can only obtain by going direct to a lender. For second charges or consumer buy to let mortgages, we offer a comprehensive range of mortgages from across the market, but not deals that you can only obtain by going direct to a lender. We offer the following alternative finance options: A further advance from an existing lender A second charge mortgage Consumer buy to let A re-mortgage Bridging Finance We do not offer the following finance options: An unsecured loan. Our Charges We would normally be paid a procuration fee by the lender of up to 0.5% for mortgages and consumer buy to let mortgages. For example, for a mortgage of £100,000 we would receive a fee of up to £500. For mortgages and consumer buy to let mortgages up to and including £150,000 we also charge a flat fee of £250 475 to research the market and advise you on the most appropriate loan for your needs. The £250 475 fee is payable upfront and when a mortgage application has been submitted to the provider. The fee is only refundable if we cannot find a lender to place the mortgage withnon- refundable. For a second charge mortgage we will be paid a procuration fee by the lender. You may request an illustration from your adviser whenever our firm provides you with information, specific to the amount you want to borrow, following assessment of your needs and circumstances. You will receive a key facts illustration when considering a particular mortgage which will tell you about any fees relating to it.