Here at Robi Finance Ltd we want to be transparent with our fees from the very beginning.
This means there is no hidden costs or unwanted surprises during your mortgage journey. Therefore during the initial consultation, we will discuss payment options to cover the costs of our services and you will NOT be charged any arrangement fee if your formal mortgage offer is not received. Our initial application fee of £199 is not refundable after we have conducted our research.
The amount of the fee will depend upon your circumstances and will be discussed and agreed with you at the initial consultation, but they are typical as follow;
For all standard residential applications, we provide fee-free initial mortgage consultation;
An administration fee is £199 payable when we submit the application.
An arrangement fee of 0.65% (min £495) for managing and processing your mortgage through to offer. This is only payable when you get your formal offer from the lender.
There is also a procuration fee payable by the lender on completion.
For non-residential and non-standard applications, our fee depends on the complexity of the applications;
An administration fee is £199 payable when we submit the application.
An arrangement fee of up to 2% for a commercial mortgage, business loan and bridging loan applications. This is only payable when you get your formal offer from the lender
Arrangement fees for non-standard applications will be discussed and agreed at initial consultations.
For building and contents insurance and referrals, no fee is charged.
Robi Finance Ltd
4 Pelham Court, Cambridge CB4 3TD, Tel no: 01223 560 472 – 07956827018, Email: [email protected]
The company is registered under Reg No:14639627 in England and Wales.
Robi Finance Ltd is registered with the Information Commissioner’s Office under registration reference: ZB477056 Copyright © 2021. All Rights Reserved.
Robi Finance Ltd is an Appointed Representative of Connect IFA Limited 441505 which is Authorised and Regulated by the Financial Conduct Authority and is entered on the financial services register (https://register.fca.org.uk/s/) under reference 995310.
The FCA does not regulate some forms of Business Buy to Let Mortgages and Commercial Mortgages to Limited Companies.
Not all services we offer are covered by the Financial Conduct Authority.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
The information, advice and/or guidance contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.
A fee will be payable for arranging your mortgage with Robi Finance Ltd. The amount of the fee will depend upon your circumstances. Your consultant will confirm the amount before you choose to proceed but we estimate it to be around 0.65% (min £499). The initial consultation is free.
Commission Disclosure: We are a credit broker and not a lender. We have access to an extensive range of lenders. Once we have assessed your needs, we will recommend a lender(s) that provides suitable products to meet your personal circumstances and requirements, though you are not obliged to take our advice or recommendation. Whichever lender we introduce you to, we will typically receive a commission from them after the completion of the transaction. The amount of commission we receive will normally be a fixed percentage of the amount you borrow from the lender. Commission paid to us may vary in amount depending on the lender and product. The lenders we work with pay commissions at different rates. However, the amount of commission that we receive from a lender does not have an effect on the amount that you pay to that lender under your credit agreement.
How To Make a Complaint: It is our intention to provide you with a high level of customer service at all times. If there is an occasion when we do not meet these standards and you wish to register a complaint, please write to; Compliance Department; Connect IFA Ltd, 39 Station Lane, Hornchurch, RM12 6JL or call: 01708 676110. If you cannot settle your complaint with us, you may be entitled to refer it to the Financial Ombudsman Service www.financial-ombudsman.org.uk.
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