How much does Assesr charge?
Assesr charges a 0.5% Assesr Fee, payable on drawdown only. It is free to submit a deal, and you pay nothing until your finance completes. That is roughly a quarter of the typical specialist broker fee, which often sits around 1–2% of the facility. There is no upfront charge, no retainer, and no fee if your deal does not complete.
What does "payable on drawdown only" mean?
Drawdown is the moment your finance actually completes and funds are released — for a development facility, the day-one advance; for a commercial mortgage or buy-to-let loan, completion. The Assesr Fee is only charged at that point. If your deal never completes, you never pay. This aligns Assesr's interest with yours: we only earn when you actually get funded.
How does the fee compare to a traditional broker?
Specialist finance brokers typically charge 1–2% of the facility, sometimes with an upfront or commitment fee on top. On a £1m facility, a 1.5% broker fee is £15,000. The 0.5% Assesr Fee on the same facility is £5,000 — and it is only payable on drawdown, with nothing to pay upfront. You get the same core output — a lender-ready credit paper and matched lenders — for roughly a quarter of the cost. For the full comparison, see AI broker vs traditional broker.
How the fee applies across every product line
The structure is identical across every product line. It is always 0.5%, always on drawdown, always free to submit.
- Development finance. The fee applies to the facility on drawdown of the day-one advance. Free to submit your appraisal and scheme details.
- Buy-to-let. The fee applies on completion of the loan — whether a single unit, an HMO, or a portfolio.
- Commercial mortgages. The fee applies on completion of the commercial loan, owner-occupied or investment.
Why can Assesr charge so much less?
The reason is simple: the expensive part of broking is human time. A broker spends hours structuring a deal, writing a credit paper, and working through their lender contacts. Assesr does the packaging in about 60 seconds and matches against a broad set of specialist mandates automatically. Automating the labour lets Assesr charge a quarter of the fee and still deliver a lender-ready result. Read more in what a credit paper is and why lenders prefer them.
Are there any other costs?
The Assesr Fee is Assesr's only charge. It does not cover third-party costs that exist on any specialist deal regardless of how it is packaged — for example lender arrangement fees, valuation fees, monitoring surveyor fees, and legal costs. Those are paid to the relevant third parties, not to Assesr, and they would apply whether you used Assesr, a broker, or went direct. Assesr's contribution is to keep its own fee low and its packaging fast.
Is it really free to submit?
Yes. You can complete an intake, receive a credit paper in about 60 seconds, and see matched lenders without paying anything. The 0.5% fee only becomes payable if and when your deal drawdowns. If you want to compare that against your current route before submitting, use the compare tool.
Frequently asked questions
How much does Assesr charge?
Assesr charges a 0.5% Assesr Fee, payable on drawdown only. It is free to submit a deal and you pay nothing until your finance completes.
When do I pay the Assesr fee?
On drawdown only — the point at which your finance completes and funds are released. There is no upfront cost, no retainer, and no fee if your deal does not complete.
Why is the Assesr fee cheaper than a broker?
Because Assesr automates the packaging and matching work a broker does by hand, it can charge roughly a quarter of the typical broker fee, which often sits around 1 to 2 percent of the facility.
Does the 0.5% fee apply to all product lines?
Yes. The same 0.5% on drawdown, free-to-submit structure applies across development finance, buy-to-let and commercial mortgages.