The Mortgage Scout General Enquiry service has one aim – to find you a more competitive deal than last time. Whether your current mortgage is coming to an end, or you’re borrowing money for home improvements, our approach is the same. We review your circumstances and use our findings to track down the right offer for you. If you’re an existing client, we touch base with you well before your current mortgage term ends, to discuss what you’d like to do next.
You may have to pay an early repayment charge to your existing lender if you remortgage.
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
For residential mortgage arrangements, the typical fee is £499, payable on application.
For Buy-to-Let mortgage arrangements, the fee is up to 0.5% of the amount borrowed with £500 payable on application and the balance on completion.
For Shared ownership cases, the typical fee is £599 payable on application.