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A guide to our fees 

Our application fees are payable on a successful AIP to the lender.    

Our broker fee becomes due upon a formal loan offer from the lender.    

        

BTL/HMO/MUFB      

Application fee first case                 £695 Loans over £1m  £995  

Application fee subsequent case    £395 Loans over £2m  £1,500  

Broker fee  Standard 0.65%     

Broker fee  Complex 1%     

        

Second charge residential mortgages     

Application fee first case  £995     

Application fee subsequent case  £995     

Broker fee  Standard 1%     

Broker fee  Complex 2%     

        

Commercial mortgages      

Application fee first case   £995     

Application fee subsequent case   £695     

Broker fee  Standard 1%     

Broker fee  Complex 2%     

        

Bridging loans / Auction and Developer Exit     

Application fee first case   £795     

Application fee subsequent case   £595     

Broker fee  Standard 1%     

Broker fee  Complex 2%     

        

Property development       

Application fee first case   £995     

Application fee subsequent case  £795     

Broker fee  Standard 1%     

Broker fee  Complex 2%     

        

Hourly rate  £295     

        

Early termination       

Formal mortgage offer position  Full broker fee due   

Prior to offer but after full mortgage submission .35% of the original loan balance or £1,995 (whichever the higher)

Trading Address

River Commercial

River House
3-4 John Prince's St
London, W1G 0JL

Registered address

River Commercial Ltd Batchworth House

BatchwoRth Place

Church St

Rickmansworth

WD3 1JE

+44 (0) 207 493 4631

+44 (0) 871 661 7795

©2020 River Commercial (All Rights Reserved)

River Commercial is a trading style of River Commercial Ltd and is authorised by the Financial Conduct Authority under reference 726737

https://register.fca.org.uk/s/

Registered in England and Wales. Companies House registration number 08854786. FIBA Number NAC10469. ICO Number ZA554275 

River Commercial is licensed finance intermediary & credit brokerage River Commercial does not provide advice or recommendation or any regulated financial products. The registered address is Batchworth House, Batchworth Place, Church Street, Rickmansworth, Herts, WD3 1JE

A guide to our fees

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