Meet the team
Tim Adams Independent Financial Adviser
How we are paid
The 'Mortgage and Insurance Service & Costs' and 'Client Agreement For Investments & Insurances' Documents explain the way we work and how we are paid for different aspects of our work with clients. The Customer Privacy Document explains how we use your personal data and your rights in relation to your personal data. A copy of these documents is available via the links below.
Disclosure Documents
Mortgage and Insurance
Service & Costs
Client Agreement for
Investments & Insurances
Lifetime Mortgage
Service & Costs
Customer Privacy
Notice
Mortgages
Following our initial no cost meeting, but before advice is given and a recommendation made, we will agree how we will be paid if we proceed to a successful application. If a fee is to be charged it will be discussed and agreed at the initial meeting.
Example fee, if applicable:
A combination of fee from the client and commission from the lender. Fee of £325.00, £162.50 of which is payable on application and the remainder is payable on offer, plus there will be a payment from the lender when your mortgage completes.
Lifetime Mortgages (Equity Release)
Following our initial no cost meeting, but before advice is given and a recommendation made, we will agree how we will be paid if we proceed to a successful application. If a fee is to be charged it will be discussed and agreed at the initial meeting.
Example fee, if applicable:
A combination of fee from the client and commission from the lender. Fee of £550.00 which is payable on completion, plus there will be a payment from the lender when your lifetime mortgage completes.
Protection
Following our initial no cost meeting this type of business is usually paid by commission only. This commission is payable by the provider for protection policies placed on risk as a result of our advice.
The commission is included within providers' normal product charges so there is nothing you need to pay us in addition. The amount of commission, both initial and ongoing, is based on a percentage of the premiums payable. This will be disclosed to you during the advice process.
Investments and Pensions
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Following our initial no cost meeting, this type of business is paid by fee. We will gather information about your circumstances and needs and prepare recommendations. This will be at our cost. After this we will agree a fee before implementation of recommendations and/or other services and project work (see later)
Please refer above to the Client Agreement for Investments & Insurance document which provides full details of the structure of our charges.