What to look for in a mortgage broker
- FCA registration as appointed representative or directly authorised
- Whole-of-market access disclosed clearly
- Fee structure: broker fee, lender procuration, both, or neither
- Specialist experience for your situation (self-employed, adverse, BTL)
- Initial fact-find before any product recommendation
- Decision in principle process explained
Typical pricing: £0 (lender-paid only) to £750-£1,800 broker fee, £350-£600 typical specialist case
Regulator / certification: Financial Conduct Authority (mandatory), CeMAP qualification (advisers)