Prices – 2016


Mortgages

Mortgages

All mortgage fees are payable upon completion of the loan.

Standard Mortgage
*For a standard mortgage, the fee is waived if you take out a life, critical illness or income protection insurance product around the same time as your mortgage
Buy to Let Mortgage£495
Lifetime Mortgage£495
Adverse Credit Mortgage£595
Bridging Loan£995
Commercial Mortgage£995
Further Advance£150
Mortgage Porting£150
Transfer of Equity£150
Rate Switch£150


Investments

Investments

We charge an initial fee through the investment platform we use on a tiered scale, based on the total amount invested.  The following charging structure will apply each time you come to make a new lump sum investment:-

The first £0-£50,000charged at 3%
£50,000 to £100,000charged at 2%
£100,000 to £250,000charged at 1%
£250,000 to £500,000charged at 0.5%
£500,000 and overcharged at 0.25%

The minimum fee is set at £350.

For monthly savers, the charges are the same and will reduce once your contributions reach each level.

We will charge a 0.5% renewal based fee, which will be calculated based on the average value of the portfolio over the year.  This fee is for the ongoing advice, support and regular reviews which we provide.


Annuities

Annuities

For annuities taken with the current pension provider we will charge 0.5% of the total pension pot value, after tax free cash is taken, with a minimum remuneration of £200.

For all other annuities we will charge 3% of the total pension pot value, after tax free cash is taken, with a minimum remuneration of £350.


Full / Partial Pension Withdrawal – Defined Contribution Pensions

Full / Partial Pension Withdrawal – Defined Contribution Pensions

For advising and/or arranging on a defined contribution pension withdrawal, we will charge 3% of the total pension pot value, after tax free cash is taken, with a minimum remuneration of £350.

Pensions / Drawdown

Pensions / Drawdown

We charge an initial fee through the pension/drawdown platform we use on a tiered scale, based on the total amount invested.  The following charging structure will apply each time you come to make a new lump sum investment:-

The first £0-£50,000charged at 3%
£50,000 to £100,000charged at 2%
£100,000 to £250,000charged at 1%
£250,000 to £500,000charged at 0.5%
£500,000 and overcharged at 0.25%

For drawdown applications, the charge is made after payment of tax free cash.  Both pension and drawdown applications have a minimum fee of £350.

For monthly savers, the charges are the same and will reduce once your contributions reach each level.

Fund switching within a pension or drawdown plan which we have not arranged – £350

We will charge a 0.5% renewal based fee, which will be calculated based on the average value of the portfolio over the year.  This fee is for the ongoing advice, support and regular reviews which we provide.


Defined Benefit / Final Salary Pension Transfer Advice

 

Defined Benefit / Final Salary Pension Transfer Advice

Our fees are charged in a two stage process, firstly we ask for an upfront payment of:-

£300 plus

£300 per TVAS report  (A TVAS report is a regulatory requirement which must  be obtained for each defined benefit pension taken before normal retirement age)

We also charge a fee based on the value of the pension(s) you are looking to transfer, on the following scale:-

The first £0-£500,000 charged at 3% 
£500,000 to £750,000 charged at 2% 
£750,000 and over charged at 1% 

The minimum additional fee is set at £1,500.

If the funds are transferred to a new arrangement which we manage, we will charge a 0.5% renewal based fee, which will be calculated based on the average value of the portfolio over the year.  This fee is for the ongoing advice, support and regular reviews which we provide.


Other Advice

 

Other Advice

We will not charge directly for some services such as suitability report writing, but will instead absorb these costs into our other initial fees.

Adviser hourly rate £150 per hour with a minimum fee of £75
Administrator hourly rate£75 per hour
Power of attorney and executor of a will duties will be chargeable at hourly rate £150 per hour
Assistance with completing self-assessment tax form£25
Professional Letter Writing£50 per letter
Advice on the best cash ISA rates available£25 per consultation