Overseas Property investment and Property mortgages: Fee structure

Trafalgar Square normally places its business direct to lenders, and as an independent mortgage broker is allowed to use any lender it finds to match your needs.

The company charges fees for administration and consultancy which cover various activities carried out by Trafalgar Square on a client's behalf.

From application to offer stage normally takes an administration time of between 8 to 12 hours, irrespective of the loan size. Fees are charged in two ways:

In the form of an Administration Fee, normally between £299 and £499 dependent on the size and complexity of the loan. This is due on the submission of an application to Trafalgar Square.

In the form of a Completion Fee, which is paid by the lender upon completion of any mortgage, remortgage or loan to Trafalgar Square. This fee is always built into the product cost by the lender.

Both types of fee are paid to Trafalgar Square and pre-agreed prior to the commencement of any work being carried out for a client. All the fees are brought to a client's attention prior to any application. The Administration Fee protects a client from lender-fee bias.