Fees and Commission Income
Renumeration - How do we get paid for our services
The information below is the gross income we receive from our product providers
Lenders pay us a fee of 1% of the mortgage, following draw down of your mortgage.
|Lender||Commission Rate||Claw back period|
|AIB Group ( Haven Mortgages)||1%||3 years|
|Bank of Ireland||1%||3 years|
|permanenttsb and Finance Ireland (Through Brokers Ireland) Please note Brokers Ireland charge €600 to arrange a mortgage with these providers.||1% less||3 years|
|Avant Money||1%||3 years|
Life Insurance and Mortgage Protection
Our recommendation of the most suitable provider is driven by a range of factors with best price for our clients being a key factor.
Typical commission received from our Life Insurance providers is as follows.
Royal London average commission is 1.33 times the first years premium.
Zurich average commission is 1.5 times the First years Premium.
Commission rates with Aviva, New Ireland and Irish Life are typically in the region of 1.5 times the first years premium.
We also receive a small renewal premium each year which is typically 3% of the annual premium.
Mortgages.ie Customer Fee Information.
Our Mortgages.ie business is a leading impartial mortgage provider. We are serious about our business and we are absolutely focused on getting the best deals for you.
Mortgage approval in today's world is more difficult than in the past. There are significant documentation and compliance requirements and with mortgages.ie the administration is backed up with the best advice available.
Shane Lavin, Chartered Accountant, Director.
Mortgages.ie Professional Advice Fees
|Switch +Debt consolidation||zero|
|International - Non Resident||Case by Case|