Boon Brokers

Boon Brokers: online mortgage broker with no fees for the client

Boon Brokers is a mortgage broker that operates exclusively online and advises clients in England, Wales and Scotland via telephone or online appointments. The firm presents itself as a free service for the user: it explains that its business model is based on the commission paid by the lender once the mortgage completes, known as a procuration fee, without charging the client fees for advice or processing.

Products and areas of advice

The range of services covers various financing and protection needs:

• Mortgages for first-time buyers.
• Remortgaging of existing mortgages (remortgage).
• Mortgages for home movers.
• Buy to let mortgages.
• Let to buy transactions.
• Mortgages for clients with adverse credit history (bad credit).
• Shared ownership.
• Mortgage capacity reports.
• HOLD Scheme.
• The Convenience Package.
• Insurance: life, income, critical illness, home and private medical.
• Equity release and lifetime mortgages.

Market access and regulation

The company states it has whole-of-market access, allowing it to compare products from over 90 UK lenders rather than being limited to a short list. Boon Brokers Limited is authorised and regulated directly by the Financial Conduct Authority (FCA), with Financial Services Register number 973757. The FCA does not regulate some buy to let mortgage contracts. All of the firm's advisers hold the UK qualification required for regulated mortgage advice, such as the Certificate in Mortgage Advice and Practice (CeMAP) or equivalent, and undertake continuous training to stay up to date with lender policies and regulatory changes.

Working method and customer service

The process begins with a conversation with an adviser, continues with completing a form on the client portal and ends with the assigned broker managing the application. Each client has a dedicated adviser who prepares and submits the application, communicates with lenders and keeps the client informed throughout the process. The firm emphasises that working with the same broker over time allows a trusting relationship to be built and provides a stable point of contact for questions, future remortgages or later changes. Documentation, updates and communication are managed securely online.

Tools available on the website

The site includes a mortgage calculator to get an estimate of borrowing capacity and a product comparison tool that shows monthly payments, interest rates and terms of the main market offers. It also publishes guides on mortgages, protection and equity release, as well as current articles, including on retirement interest-only (RIO) mortgages, types of mortgages available in the UK and remortgaging costs.

Client profile and coverage

The company states it has served thousands of clients nationwide and has accumulated over a thousand online reviews with a five-star rating. Published case studies include first-time buyers, buy to let transactions and remortgages. According to its own survey cited on the website and dated 2026, the average mortgage broker fee in the UK exceeds £600, a cost the firm says it avoids for its clients.