Email: office@bloomfieldfinancial.co.uk

Call: 0191 406 6453

Our Pricing

We believe strongly in transparency that's why as our clients we will give you an on-line portal to help you monitor and take control of your money, it's also why we choose to publish our standard charges when many other firms shy away from it.

When we designed our pricing one thing was more important to us than anything else, ensuring that our pricing was structured so that we were always able to deliver more than we were charging. The way we see it there is little point in seeing a financial adviser if the cost of doing so is greater than the benefit you get, our charges are therefore very keenly priced to ensure we deliver value to you at every opportunity.

Pensions & Investments

1% Initial & 1% Ongoing*

Our charges are simple and easy to understand. Our initial advice costs one percent of the fund we are advising on and 1% per year for ongoing advice and support.

Initial meetings to discuss your needs and establish if you want to work with us are always free of any charge or catches and you will always know the cost for moving forward by the end of the meeting.


The above charges for Pensions & investments represent our 'standard charge' in that it is what the vast majority of clients pay. Minimum charges though do apply full details of which are available in our terms of business, a copy will be given to you at our initial meeting or we can send you one in advance just ask.

*Ongoing service is optional, where ongoing support and advice is declined then the initial charge is 2%         

Mortgage Advice

New Clients: Commission & Completion fee £200
Existing clients: Commission Only

When we arrange a mortgage or re-mortgage for you on either your new or existing home the lender will pay us a commission when your mortgage completes.

If we are arranging a mortgage for you for the first time a £200 fee is also charged but only on successful completion of your mortgage. The fee is not charged where we have arranged a mortgage for you previously in recognition that as we already have most of your information it will take us less time.

Initial meetings to discuss your needs and establish if you want to work with us are always free of any charge or catches.


If you prefer us to not receive commission we can discuss a fee paying option with you at our initial meeting.

Equity Release & Lifetime mortgages

Commission & Completion fee of £750

When we arrange a Lifetime Mortgage or Equity Release plan for you the lender will pay us a commission for doing so and we will also bill you a completion fee ONLY on successful completion of your mortgage.

Initial meetings to discuss your needs and establish if you want to work with us are always free of any charge or catches.


If you prefer us not to receive a commission from the lender we will be happy to agree a fixed fee option with you at our initial meeting.

Insurance

Commission

Whether we are arranging insurance to protect your life, your health or your home the insurer will pay us a commission for arranging that insurance.

Initial meetings to discuss your needs and establish if you want to work with us are always free of any charge or catches.


If you prefer us to not receive commission we can discuss a fee paying option with you at our initial meeting. Occasionally you may need a type of insurance that does not provide a commission in that case we will always agree a fixed fee with you before proceeding to advise.