What’s the Premium Plus Package?

Our Premium and Premium Plus Services take the stress out of your homebuying journey.

Starting with expert advice, your dedicated mortgage adviser will arrange your mortgage, protection and home insurance, source trusted solicitors and surveyors, and handle all correspondence and paperwork for you.

Get a dedicated Boon Brokers expert for just £200.00 that takes care of every detail – right through to the completion of your property purchase.

 

Our Packages

The Premium Plus Process

1. Mortgage Advice

Begin with a free consultation with your dedicated mortgage adviser. They’ll take the time to understand your needs and will arrange an Agreement in Principle, giving you an estimated mortgage amount to guide your property search and help you make offers with confidence.

Payment #1 – Deposit

2. Holding Deposit

You will receive both a Holding Deposit Invoice for Premium Plus and an Estimated Invoice that sets out the full legal fees. The Holding Deposit will cover your initial legal costs, and any unused funds from this deposit will be refunded to you on completion.

3. Mortgage Application

We will submit your mortgage application once your Holding Deposit has been paid and your property offer has been accepted. After this, we will open a case file with our partnered conveyancers to prepare for your Mortgage Offer.

4. Mortgage Offer

When your Mortgage Offer is issued by the lender, we will review the property details and instruct a qualified surveyor to carry out a Level 2 or Level 3 survey based on your needs.

5. Property Survey

Your dedicated adviser will source and instruct the property survey on your behalf. The completed survey report will outline the property’s condition and structure, clearly highlighting any issues that may need attention.

6. Conveyancing Begins

Once you are satisfied with your survey, Boon Brokers will instruct your solicitor to proceed through our internal channels. You will then receive an automated email with clear instructions on the next steps.

Payment #2

7. Finalise Payments & Exchange

Once your solicitor is ready to exchange contracts, you will receive a final invoice directly from them. This will include the £200 administration fee from Boon Brokers. You will then pay the invoice, transfer the deposit, and make any applicable tax payments.

8. Completion

Congratulations! Once the contracts have been exchanged, your purchase is complete and your case will be closed. Following your mortgage success, Boon Brokers will stay in touch when your mortgage comes up for renewal, and our remortgage service is completely free of charge.

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    Frequently Asked Questions

    For the ultimate convenience in the home-buying journey. Sourcing for suitable solicitors and surveyors can be a daunting and costly mistake if you select poorly. As experts in our industry, we know which solicitors and surveyors will be most suitable for you and your property. Not only will we source these parties for you, but we will also correspond with them on your behalf. Let us absorb your home-buying stress.

    Our administration fee per case, which covers the cost of our advisers overseeing your conveyancing from the mortgage offer to completion stage, is fixed at £200.00. This is far less than the average mortgage broker fee from other brokers in the UK, which is currently £500.00. To clarify, our mortgage and protection service is entirely free of charge, so our entire cost for the full Premium is capped at £200.00.

    The additional funds taken from the Holding Deposit are used for costs such as Legal Searches, the Survey, etc. Any unused funds from the Holding Deposit will be refunded to you on completion.

    To make the process as stress-free as possible, we will require a Holding Deposit at the Full Mortgage Application stage. We use the full sum of the Holding Deposit to pay for your legal and/or survey fees. Any unused funds from this payment will be returned to you on completion.

    At the end of the process, upon exchange of contracts, your solicitor will issue a ‘Final Invoice’ which will include a £200.00 Boon Brokers Administration Cost. You must pay the Final Invoice to your solicitor. Your solicitor will subsequently pay Boon Brokers separately.

    The deposit is £1,000.00 for Premium and £1,500.00 for Premium Plus. The deposit for Premium covers the cost of your legal searches for the property. Whereas the cost of Premium Plus covers the cost of the legal searches and the survey. If your property purchase falls through before Mortgage Offer is issued, the Holding Deposit is fully refundable. On completion, Boon Brokers will refund any remaining balance from your Holding Deposit.

    Any unused funds from the Holding Deposit will be refunded to you on completion or if the transaction falls through.

    No, you will not receive any charge from Boon Brokers if your purchase falls through. Although, you may need to settle any legal fees payable for the solicitor’s involvement with your case. You will receive a refund for any unused funds from your Holding Deposit.

    We understand that purchases fall through from time to time, at no fault of our clients. As a result, you will not receive any charge from us following a fall through. You will only be charged the £200.00 Boon Brokers Administration Fee if your conveyancing completes.

    If your purchase falls through, we will refund any unused funds from your Holding Deposit. Assuming that no legal fees have been paid, you would receive the Holding Deposit sum after deducting the cost of the survey.

    With this package, we will handle a significant portion of the homebuying stress for you by corresponding with your surveyor and solicitor throughout the process. However, you will still be required to complete an initial online questionnaire for the solicitor and send them any requested documentation.

    At the exchange of contracts stage of the process, when your purchase is about to complete, you will receive a final invoice from your solicitor. This invoice will include Boon Brokers’ flat administration fee of £200.00. In addition to this, you will see charges for the conveyancing and taxes relating to the transaction – such as Stamp Duty Land Tax and Value Added Tax. Your solicitor may include your deposit monies in this final invoice too.

    Remember that any unused funds from your Holding Deposit will be refunded on completion.

    The Holding Deposit covers all upfront legal costs, payable once the solicitor has been instructed. These costs are typically to setup the file, process legal searches, submit an HMLR registration, etc. Any unused funds from your Holding Deposit will be returned to you on completion.

    At the exchange of contracts stage, you will receive a final invoice from the solicitor which will cover any outstanding completion fees.

    Yes. The solicitor that Boon Brokers source can also be used for the sale, which is advised to ensure a smooth transaction.