Cost of services
We Charge No Upfront Fees
Brilliant Value for Brilliant Advice
No fee is payable to us until we have secured your mortgage offer for you. We charge no upfront fees.
Save money on your mortgage and get the service you deserve by using an experienced mortgage expert giving you personal service. Not only will your adviser ensure you get the most appropriate product for your needs but they will guide you and support you throughout. We are truly independent mortgage specialists offering incredible service and with access to an incredible range of products.
We are confident in the value we offer which is why we publish our charges for all our services. Importantly, you pay our fees on receipt of the mortgage offer so you only need to pay when we have secured a mortgage offer for you.
Product Transfers (support with your existing lender)
What is a Product Transfer?
It is a switch from one product to another with your existing lender. It is usually a simple and fast-track process but it may not be the best product for your needs so always speak to a mortgage adviser before acting.
Our Service
We will ensure that your needs are independently assessed and that you avoid falling into a product with your existing lender that doesn’t meet your needs. If it is appropriate for you, we will ensure that process is as smooth as possible and that you get the peace of mind our advice gives you. This service offers great value.
Often available with no fee to pay
For many lenders and many scenarios this will result in a fees free advice service as we only charge a fee if the income we earn is under £500. In circumstances where we earn under £500, we will charge you a fee to make up the difference. This is incredible value for the service, support and peace of mind.
If any fee is payable, your adviser will be able to give you the exact sum, which will be based on your current lender and mortgage balance.
Residential Mortgages
Our Services
Talk to one of our advisers or browse our website for the many reasons we offer great value across all forms of Residential mortgages.
Standard Mortgages
For all mortgages that do not fit into any specialist category listed on this
page, we charge a fee of £495 which offers incredible value for the importance of selecting the right mortgage for your needs and for the service on offer.
Specialist Mortgages
These are more complex mortgages due to the nature of the UK mortgage market and are a core speciality of our business meaning that we offer incredible value for the service and solutions available. We charge £995 for our services for mortgages in this category, as defined below:
- Complex income, e.g. self-employed under 3 years accounts or multiple incomes for any applicant
- If the property is built with non-standard construction methods or materials, limiting choices.
- Government or private home purchase schemes (e.g. Right to Buy, Shared Ownership & HTB)
- Ex-PAT or Foreign Nationals
- Lending beyond state retirement age
- Regulated Buy to Let Mortgages, mortgages on HMOs or Multi-Unit Block Mortgages
- Any mortgage that is over 90% of the value of the property
- Interest only mortgages (residential only, this does not include buy to Let mortgages)
Adverse Credit or Consolidating Credit
Mortgages involving adverse credit (defined below) or the consolidation of any credit will be charged at £1,295.
- Adverse credit, i.e. 2 or more missed unsecured payments or defaults in 24 months; or
- Any of the following in the last 12m: CCJs, missed secured payments or pay day loans; or
- Any history of IVAs, Debt Management, Protected Trust Deeds, Bankruptcy or similar.
Buy to Let Mortgages
Simple and Great Value
Your first buy to let mortgage is chargeable at £995 but each buy to let mortgage thereafter is charged at our standard £495 rate meaning that returning landlords or portfolio landlords benefit from a significant discount.
Commercial Products Expertise
We also have access to commercial mortgage lenders and products for complex buy to let solutions and semi-commercial mortgages. In these circumstances our Commercial Mortgage charges may apply.
Second Charge Mortgages
What is a Second Charge Mortgage?
Also known as a Secured Loan, they are an additional mortgage in addition to an existing mortgage on a property (a first charge) this is an additional mortgage (a second charge). You keep your existing mortgage and instead of borrowing more from your existing lender you are borrowing from another lender whilst keeping your existing mortgage. You are also securing the debt against your property so have the same risks as a standard mortgage. These can offer flexible solutions for raising funds and not all advisers are able to advise on these specialist loans.
Our Service
Unlike secured loan brokers, Brilliant Money will always assess all of your mortgage funding options, including standard remortgages and further advances so you will always be sure you are getting the best possible outcome for your needs. This fee represents incredible value for advice and support on a secured loan where fees are often significantly higher.
Our Fee
We charge a fee of 10% of the net loan with a maximum of £2,995 and a minimum of £1,495. This includes considering all other available refinance options, offering independent advice and great service; it also includes all transactions costs up to a value of £999 (and valuations on properties up to £1m) delivering real value.
Commercial Mortgage , Bridging and Development Finance
What is a Commercial Mortgage?
A mortgage for a business. This may include trading companies, property investment companies or may be for individuals with commercial or investment property. It includes semi-commercial property (part business and part residential) and may include Buy to Let Investment products depending on lender definitions.
What is a Bridging Loan and what is Development Finance?
It is a short-term loan often obtained where a typical long term mortgage is unavailable. Examples of typical uses include for property refurbishment projects, chain breaks or auction finance. Development Finance is a form of Bridging Loan specifically designed for developments, often including stages drawdowns. These are complex and often urgent mortgages that require genuine expertise.
Our Service
Unlike many advisers, Brilliant Money are specialist mortgage experts. We are members of the National Association of Commercial Finance Brokers and support mortgage brokers and IFAs across the country with their commercial mortgage, bridging loan and development finance needs. If you go through another adviser there is a chance you will be referred to us for this specialist support so you are in safe hands and dealing with experts.
Our Fee
We charge a 1% fee with a minimum fee of £1,995. In the event that the mortgage is regulated by the FCA we cap the fee chargeable at £4,995.
Summary of our Costs of Services (See relevant sections above for detail)
| Mortgage Product | On Offer |
| Product Transfer | From £0 |
| Standard Residential & Subsequent Buy to Let | £495 |
| Specialist Residential & First Buy to Let | £995 |
| Adverse Credit or if any debt is consolidated | £1,295 |
| Second Charge Mortgages | 10% of net loan. Min £1,495, Max £2,995 |
| Commercial, Bridging, Development Mortgages | 1% min £1,995 |
What clients say about our work
Professional Accreditations
"The Adviser's Adviser"
Many Financial Advisers choose us to help them with their difficult cases and for their own mortgage advice. You are in the hands of genuine mortgage experts.
Why choose us?
01 - Peace of Mind
You will be supported and guided every step of the way with our experienced team. You can forget any worries and leave the work to us.
02 - Expert Advice
Your needs and situation are unique and there are thousands of mortgage options; our adviser will ensure you get the service and the product that works for you.
03 - Personal Service
Get the dedicated personal service you need for the most important financial commitment of your life. You are a valued client, not a number.
04 - Save Time
Quicker decisions, quicker outcomes. We’ll discuss your options and help you reach your goals quickly. We’ll work with you to make this as efficient as possible.
05 - What Others Say
We have excellent reviews, great client feedback and are the trusted adviser for many Financial Advisers and mortgage brokers themselves.