Mortgage Beaters, an online mortgage specialist, launched this week.
Mortgage Beaters says that it will search the market for all available mortgage products without charging a fee on any mortgage worth more than £50,000. Those worth less than £50,000 will incur a charge of 0.5 per cent.
Managing Director Roy Bookman says: “Mortgage Beaters is independent and competitive and will find the best mortgage from all of those available on the market to suit each individual customer. There are no inconvenient meetings to attend as we can do it all over the phone or email at a time to that works best for the customer.”