How Much Does a Mortgage Broker Cost in the UK? (2026 Guide)
Typical UK price ranges, what affects the cost, and expert tips to save money when hiring a mortgage broker.
Typical UK Cost
£0–£500per application
Most jobs cost between £0–£1,500 in total.
| Rate | Hourly | Typical Job |
|---|---|---|
| Low end | £0 | £0 |
| Typical range | £0–£500 | £0–£1,500 |
| High end | £500 | £1,500 |
Regional variation
Costs in London and the South East are typically 20–40% higher than the UK average, due to higher operating costs, demand, and travel time. Rates in the North of England, Wales and Northern Ireland tend to be closest to the low end of the range.
What affects the cost of a mortgage broker?
- Fee-free vs fee-charging brokers (some earn commission only)
- Complexity of the mortgage (self-employed, bad credit)
- Property value and loan size
- Whole-of-market vs tied broker
- Remortgage vs first-time buyer application
How to save money on a mortgage broker
- 1Fee-free brokers are paid by lenders — always ask how they're remunerated
- 2Whole-of-market brokers access more deals than bank advisers
- 3Fix a fee upfront so you know costs before commitment
- 4Online mortgage brokers like Habito or Trussle charge no fees
- 5Good brokers can save thousands over the mortgage term — worth paying for
Frequently asked questions
How much does a mortgage broker cost in the UK?
In 2026, UK mortgage broker costs typically range from £0 to £500 per application. For a typical job, expect to pay between £0 and £1,500.
Why do mortgage broker prices vary so much?
Prices depend on job complexity, materials needed, location, and whether the work is emergency or pre-booked. London and South East rates are typically 20–40% higher than the national average.
How can I save money on a mortgage broker?
Fee-free brokers are paid by lenders — always ask how they're remunerated. Whole-of-market brokers access more deals than bank advisers
Should I get multiple quotes from mortgage brokers?
Yes — always get at least three written quotes for significant jobs. Prices can vary by 30–50% between providers for the same work.
Are prices in London higher for a mortgage broker?
Yes. London and the South East typically command 20–40% higher rates than the UK average due to higher operating costs, travel time, and demand.
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