Layline Financial

Usual Brokerage Fees

Large Loans
All bridging, development finance, and mortgages, with some exceptions

Loan over £500,000
£0*

Standard Buy to Let Mortgages (non-consumer)
Including single units, HMOs, blocks of flats, personal or Ltd ownership

Loan under £200,000
By exception only—please ask
(charged as commercial)
£200,000 - £499,999
£1,690
£500,000 and over
£0*

Commercial / Complex
Including bridging, development finance, commercial, or complex mortgages**

Loan size £100,000 - £499,999
1% of loan amount, min fee £2,490
£500,000 and over
£0*

Ex-pats and Foreign Nationals not living in the UK

Loan under £200,000
By exception only—please ask
£200,000 - £749,999
1% of loan amount, min fee £3,490
£750,000 and over
£0*

Bespoke
Including rush cases, exceptionally complex cases, speculative cases

All loan amounts
Please discuss fee with us,
we can capably handle challenging cases

Notes:

  • *When brokerage fee is £0, a commitment fee may be charged on instruction and refunded on completion.
  • Brokerage fees are per property / per finance application.
  • The brokerage fee may be due 50% at full application to lender stage and 50% at lender offer issued stage.
  • Fees are normally non-refundable, but Layline's broker fee guarantee applies.
  • Using their own profits, lenders normally pay the brokerage a fee on completion, called a procuration fee, based on a fixed percentage of the loan amount. This allows brokerage fees to be set lower than they otherwise could be (or waived entirely on larger loan sizes).

**Examples of cases we class as commercial or complex mortgages:

  • Property is non-residential in whole or in part
  • The borrower requires influence over which surveyor values the property
  • The lender is to be a commercial or special lender
  • Property will not be let on an AST standard tenancy agreement(s) or Welsh Standard Occupation Contract(s) WOC
  • Residential unit above a commercial premises or adjacent to commercial premises, or in a primarily commercial area
  • Leasehold residential property that has an annual service charge or ground rent higher than standard thresholds
  • Property in a block or neighbourhood with low levels of owner occupiers
  • Property is an ex-council flat with deck access
  • Property where an indemnity policy would normally be required to cover risks to the lender
  • Property with characteristics that increase the risk of a negative lending decision
  • Capital raising refinance of a property that has been refurbished within the last 6 months
  • First finance of a newly converted or newly built property
  • Property has a new title or newly split title
  • An LLP, Trust, or SSAS is involved
  • Property that will be owned by a more complex Ltd Co having:
    • in total more than 2 directors and/or major shareholders, or
    • shareholders that are other companies (i.e. a company is a subsidiary)
  • Case requiring us to review more than the equivalent of 24 pages of A4 to evidence original source of funds
  • Case where any funds for deposit or works are from an original source located abroad
  • Buy to let mortgage where the borrower is not a homeowner or other UK property owner
  • There is adverse credit or indications of poor account conduct in any Ltd Co (including background Ltd), or personally