You are here: Home - News -

FCA broker fees calculator for 2017/18 goes live

  • 19/04/2017
  • 0
FCA broker fees calculator for 2017/18 goes live
The Financial Conduct Authority (FCA) has updated its fees calculator with the latest proposed rates allowing brokers to estimate their regulatory fees for the coming year.

MORTSOLS.FCA.TABLE-180417Mortgage brokers could see their fees slashed by 10% following the consultation published yesterday.

However, intermediaries falling into the wider advice category face a 4.7% hike in their levy. (See table for full details.)

The regulator has raised standard minimum fees by 1% to match inflation.

The calculator can be found at:

TMA mortgage club director David Copland said: “The FCA fee calculator will give firms looking to determine their costs for the next financial year an accurate idea of how much they will be charged.

“The calculator is based on consultation rates issued over the last few days, but is subject to change until the consultation paper on the way it’s charged closes in June.

“In any case, it is an opportunity for directly authorised brokers to get a realistic picture of how much they will be charged in 2017/18.”

There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.


Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.


Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.


Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
  • RT @robjupp: Great day yesterday for donations to @MortSleepOut. With Gift Aid, we are now close to £17,000. It would be great to get to £2…

Read previous post:
property prices older couple
Cost of equity release at record low levels

Equity release lenders have driven down fixed rates to new lows, as competition in the sector hots up, said Moneyfacts.