Our Fees

YML Group has separate policies on remuneration for its two Appointed Representatives, Your Mortgage and Your Money. Your Mortgage offers a whole of market service with no fees charged. The company derives its remuneration by being paid a procuration fee by lenders for introducing its clients business to them. Procuration fees are openly declared to clients in a Key Features Illustration (KFI). Your Mortgage sources mortgages from the whole of the intermediary market for clients with the basis of the recommendation being the most suitable product and facilities for the clients needs. We do not base our recommendation on the amount of procuration fee paid by different lenders. Where Mortgage Advisers arrange ancillary products to satisfy clients needs for areas such as mortgage protection, life cover and buildings insurance, Your Mortgage is also paid a commission for arranging such contracts. Again, all remuneration is transparent and is made clear to clients.

Your Money is the company which provides investment advice which can only be dealt with by Financial Advisers (FA's). Your Money can be remunerated for its advice by prior agreement with clients who have the options of either

  • Paying for advice by way of a fee
  • A combination of Your Money receiving commission plus charging the client a fee
  • Simply receiving commission from the provider

Differing situations and differing values of business transacted will no doubt determine the best way for remuneration to be decided but Your Money treats its customers fairly and will only want to take remuneration that reasonably reflects and justifies the work that it undertakes on behalf of clients.