Mortgage Broker Fees

Hi,

I know this has probably been asked and answered a million times on here - but I thought I would put your brains to good use once again.

We are arranging a Let to Buy mortgage so its not really straightforward but I wondered if a 1% fee was acceptable to ask of us. The independent advisor would also take commission from the lender.

I don't begrudge paying if this is about right because we feel we couldn't do this on our own. But I would be interested in others views.

This fee would also be payable if the mortgage didn't complete - we believe, but are double checking.

Thanks - any help really appreciated as we are a bit naive to this process!!