A Word about Fees.

We have all familiar with the phrase “there's no such thing as a free lunch”

Like every other commercial business, mortgage companies are in business to make a profit. That’s why we have chosen to charge our customers a  fee for our advice in addition to the modest commissions we receive from mortgage lenders. From our revenues we are able to employ the best mortgage experts and invest in technology and FREE mortgage tools for our users.

Fees & Mortgages

Some mortgage brokers or financial advisors claim to be “fee free”, but they use the mortgage as an opportunity to sell you lots of other products such as insurance and other kinds of financial products. At obligo we believe that these sales methods can lead to poor advice and the over selling of other financial products that may not be suitable or that you cannot afford in the future.

Fees & Insurance

At obligo we also advise on insurance too. When we sell an insurance policy we do not charge you a fee as the commission we receive from the insurer is sufficient to cover our costs and return a modest profit. Because we keep insurance and mortgages separate you will never be pushed or pressured into taking out insurance to support a mortgage application.

Fees & Obligo

Our mortgage service costs just £495 regardless of loan size. You pay nothing until your mortgage completes successfully. You can cancel at any time with no charge. With insurance there are no fees.

We will advise you upfront of the fee that you will be charged and the amount of commission we will be paid on insurance and mortgage products by the product provider.

It’s our way of demonstrating to you that we are transparent and our advice is open, honest and unbiased.

We believe in transparency, giving you fair deal, and treating people with respect, whether they are clients, employees, lenders or insurers.  We are a business, and to stay in business we must make profit – but not at any cost.