Blueherringmp.co.uk Review

Based on looking at the website Blueherringmp.co.uk, it appears to be a mortgage and protection services broker operating in the UK. However, from an ethical standpoint, particularly concerning Islamic financial principles, engaging with interest-based mortgages and conventional protection products is problematic. Such services often involve riba (interest), which is strictly forbidden in Islam, and may also contain elements of gharar (excessive uncertainty) or maysir (gambling) in their structure. Therefore, while the website outlines its services and regulatory compliance, the underlying financial mechanisms it facilitates are generally not permissible from an Islamic perspective.

Overall Review Summary:

Website Focus: Mortgage and personal protection services in the UK.
Regulatory Status: Appointed Representative of PRIMIS Mortgage Network, authorised and regulated by the Financial Conduct Authority (FCA).
Experience Claim: 11+ years in the property industry.
Fee Structure: Charges a fee between £0 and £999, typically £449, payable on application, non-refundable if the mortgage doesn’t proceed. Also receives a procuration fee from the lender.
Islamic Compliance: Highly questionable due to involvement with riba-based mortgages and conventional insurance.
Recommendation: Not recommended for Muslims seeking ethical financial solutions due to the inherent conflict with Islamic financial principles.

While Blue Herring Mortgage & Protection Services Ltd presents itself as a professional entity offering tailored advice for mortgages and personal protection, the core offerings—conventional mortgages and standard insurance products—are predicated on interest-based lending and often contain elements of uncertainty that are incompatible with Islamic finance. The promise of “expert advice” and “wide range of services” doesn’t change the fundamental nature of these transactions. For those committed to living by Islamic principles, seeking out Sharia-compliant alternatives is not merely a preference but a necessity. The warning “YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE” clearly highlights the risk associated with conventional financing.

Here are some ethical, non-edible alternatives in the financial and home-related services sector that align with Islamic principles:

Al Rayan Bank Home Purchase Plan: A leading UK Islamic bank offering Sharia-compliant Home Purchase Plans (HPPs) as an alternative to conventional mortgages, structured on principles of co-ownership and leasing rather than interest.
Gatehouse Bank Home Purchase Plans: Another prominent UK Islamic bank providing Sharia-compliant home finance solutions, avoiding interest and focusing on ethical investment.
UK Takaful Providers (General Search): While specific Takaful products vary, searching for “Takaful insurance UK” can help locate providers offering Sharia-compliant alternatives to conventional insurance for home, car, and general protection, based on mutual cooperation and shared responsibility.
Islamic Will Writing Services: Essential for ethical estate planning, ensuring assets are distributed according to Islamic inheritance laws. Many law firms and specialist providers offer this in the UK.
Ethical Financial Planning Consultancies (UK): Consultancies focusing on investments and financial planning that adhere to ethical guidelines, including Sharia principles, avoiding prohibited industries or interest-based instruments.
Halal Investment Platforms (UK): Online platforms that allow individuals to invest in Sharia-compliant funds, equities, and sukuk, avoiding interest, gambling, and industries like alcohol or conventional finance.
Property Management Services (UK): For those who own property outright or through Sharia-compliant means, professional property management ensures ethical landlord-tenant relationships and maintenance, focusing on beneficial use without riba.

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IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Table of Contents

Blueherringmp.co.uk Review & First Look

Upon initial examination, Blueherringmp.co.uk presents itself as a straightforward, functional website for a mortgage and protection services broker. The homepage clearly outlines their core offerings: assistance with home buying, moving, remortgaging, and advice on personal protection. They highlight their “11+ Years of Experience in the Property Industry,” which aims to instil confidence. The site also prominently displays a crucial disclaimer: “YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.” This is standard for UK mortgage services and underscores the inherent risks of conventional finance.

Initial Impressions on Transparency and Clarity

The website attempts to be transparent by stating its regulatory status as an “Appointed Representative of PRIMIS Mortgage Network,” which is “authorised and regulated by the Financial Conduct Authority.” This is a positive sign for regulatory compliance within the conventional finance framework. They also detail their fee structure, stating a range between £0 and £999, with a typical fee of £449, payable on application and non-refundable. This upfront disclosure of fees, while important for consumer clarity, highlights the transactional nature of the service, where payment is due regardless of the mortgage’s outcome.

Missing Key Information for Ethical Considerations

While the website provides essential conventional details, it lacks any mention of Sharia-compliant financing options or ethical considerations beyond standard UK consumer protection. For a Muslim audience, this absence is critical. There’s no discussion of Murabaha, Musharakah, or Ijarah structures, which are the cornerstones of Islamic home finance. The primary focus remains on interest-based conventional mortgages, which are universally understood to involve riba, a major prohibition in Islam. This omission immediately flags the service as unsuitable for those adhering to Islamic financial principles.

Website Navigation and User Experience

The navigation menu is simple and clear, with links to “Home,” “Who we are,” “Mortgage,” “Protection,” “Complaints Procedure,” “Privacy policy,” and “Contact.” This structure makes it easy for a user to find basic information. However, the design feels somewhat dated and lacks the modern, dynamic interface often seen in leading financial service websites. There are cookie consent banners and translation options, which are standard, but the overall aesthetic doesn’t particularly inspire a high level of trust or professionalism compared to more polished financial institutions.

Blueherringmp.co.uk Pros & Cons (Conventional Perspective)

When evaluating Blueherringmp.co.uk from a purely conventional, non-Islamic finance perspective, there are certain advantages and disadvantages worth noting. However, for a Muslim audience, these conventional pros are overshadowed by the fundamental religious prohibition of riba.

Conventional Pros: Addressing UK Mortgage Needs

FCA Authorisation: The firm is authorised and regulated by the Financial Conduct Authority (FCA) via PRIMIS Mortgage Network. This provides a layer of consumer protection and regulatory oversight, ensuring they operate within established UK financial guidelines.
Experienced Advisors: The claim of “11+ Years of Experience in the Property Industry” suggests a degree of expertise and familiarity with the complexities of the UK mortgage market, potentially offering valuable guidance to first-time buyers or those remortgaging.
Tailored Advice: They explicitly state they provide “advice tailored to your needs, and wants,” which is crucial in the complex world of mortgages where individual circumstances vary widely. This personalised approach can be beneficial for navigating diverse product offerings.
Wide Range of Services: As a “full-service mortgage and insurance broker,” they claim to offer a wide range of services, implying access to various lenders and protection products. This can save customers time and effort in searching for suitable options.
Transparent Fee Structure (within conventional norms): They disclose their fee range (£0-£999, typical £449) and the non-refundable nature, which, while potentially off-putting, is transparent within the context of broker services. They also mention receiving procuration fees from lenders, indicating multiple revenue streams.

Cons: Fundamental Conflicts with Islamic Principles

Involvement with Riba (Interest): This is the most significant con from an Islamic perspective. The core business of Blue Herring Mortgage & Protection Services Ltd involves facilitating conventional mortgages, which are fundamentally interest-based loans. Riba is strictly prohibited in Islam, rendering these services impermissible for Muslims.
Conventional Insurance Products: The “Protection” services likely refer to conventional insurance policies. Many conventional insurance models contain elements of gharar (excessive uncertainty) and maysir (gambling), making them problematic in Islamic finance. Islamic alternatives like Takaful operate on principles of mutual cooperation and shared risk, avoiding these issues.
Non-Refundable Fee: While disclosed, the non-refundable nature of their fee, even if the mortgage doesn’t proceed, can be a disadvantage for consumers. This means clients bear a financial cost even if the service doesn’t result in a successful outcome.
Lack of Ethical or Sharia-Compliant Options: There is no indication on the website that they offer or are even aware of Sharia-compliant financial products. This makes them unsuitable for Muslims actively seeking to adhere to their faith’s financial guidelines.
Potential for Misalignment with Values: For a Muslim individual or family, engaging with a service that facilitates riba directly conflicts with core religious values, potentially leading to spiritual discomfort and a sense of compromise on fundamental beliefs.

Blueherringmp.co.uk Alternatives for Ethical Finance

Given the fundamental issues with riba and gharar in conventional mortgage and protection services, it’s essential to explore ethical alternatives that align with Islamic financial principles. These alternatives focus on profit-sharing, co-ownership, leasing, and mutual cooperation, avoiding interest-based transactions.

Islamic Home Finance Providers in the UK

Al Rayan Bank: The largest and most established Islamic bank in the UK, Al Rayan Bank offers Sharia-compliant Home Purchase Plans (HPPs). These are structured as co-ownership agreements where the bank and the customer jointly purchase the property, and the customer gradually buys out the bank’s share while paying a rental fee for the portion owned by the bank. This avoids interest.
- Key Features: Sharia-compliant HPPs, ethical savings accounts, financing for commercial property.
- Pros: Long-standing reputation, regulated by the Prudential Regulation Authority (PRA) and FCA, clear Sharia Supervisory Board.
- Cons: Product availability may be narrower than conventional banks, processes can sometimes take longer.
Gatehouse Bank: Another significant player in the UK Islamic finance sector, Gatehouse Bank also provides Sharia-compliant Home Purchase Plans. Their models are designed to be interest-free, adhering to Islamic finance principles while providing competitive options for homeownership.
- Key Features: Residential and commercial HPPs, Sharia-compliant savings products.
- Pros: Strong focus on ethical investment, competitive rates for HPPs, regulated by PRA and FCA.
- Cons: Fewer physical branches, might have specific criteria for eligibility.

Sharia-Compliant Protection (Takaful)

Family Takaful Providers (General Search): While specific Takaful providers in the UK for direct personal protection can be niche, the concept of Takaful (Islamic insurance) is based on mutual assistance and shared responsibility among participants, rather than transferring risk for a premium. This avoids gharar and riba. Individuals contribute to a common fund, and claims are paid from this fund. For life assurance, it’s typically based on mutual donation (Tabarru’).
- Key Features: Mutual pooling of funds, profit-sharing (if any surplus), Sharia-compliant investments.
- Pros: Adherence to Islamic principles, ethical investment of funds.
- Cons: Fewer direct providers in the UK compared to conventional insurance, may require more research to find suitable products.

Ethical Financial Planning & Investment

National Zakat Foundation (NZF): While primarily focused on Zakat distribution and education, NZF provides resources and guidance on understanding Islamic financial obligations, which is foundational for ethical financial planning. Their educational content can help individuals structure their finances in a Sharia-compliant manner, including how to deal with existing conventional debts or assets.
- Key Features: Zakat calculation tools, educational resources, community support.
- Pros: Focus on foundational Islamic financial literacy, strong community trust.
- Cons: Not a financial service provider directly, but an educational and charitable body.
Wahed Invest (UK): A prominent halal investment platform available in the UK, allowing individuals to invest in Sharia-compliant portfolios. This offers an ethical way to grow wealth without engaging in interest-based stocks, alcohol, gambling, or other prohibited industries.
- Key Features: Diverse Sharia-compliant portfolios, low minimum investments, robo-advisory services.
- Pros: Easy to use, automated investing, transparent Sharia screening.
- Cons: Investment returns are not guaranteed, like any investment, platform fees apply.

How to Navigate Mortgage & Protection Needs Ethically

Navigating the housing market and protecting assets while adhering to Islamic principles requires a proactive and informed approach. It’s not just about avoiding riba; it’s about embracing a holistic financial worldview that prioritises justice, fairness, and ethical conduct.

Understanding the Basics of Islamic Home Finance

The core difference between conventional mortgages and Islamic home finance lies in the contract structure. Conventional mortgages involve borrowing money from a bank with interest. Islamic home finance avoids this by using contracts like:

Murabaha (Cost-Plus Financing): The bank buys the property and then sells it to the customer at a profit, payable in instalments. The profit margin is agreed upon upfront and does not change.
Musharakah Mutanaqisah (Diminishing Partnership): The bank and the customer jointly purchase the property. The customer then buys the bank’s share incrementally while paying rent for the portion owned by the bank. Over time, the customer’s ownership increases until they own the entire property.
Ijarah (Leasing): The bank buys the property and leases it to the customer for a fixed period, with an option for the customer to purchase it at the end of the term.

Steps for Ethical Homeownership

Educate Yourself: Before approaching any financial institution, understand the different Sharia-compliant home finance models. Websites of Islamic banks and academic resources on Islamic finance are excellent starting points.
Consult Sharia Scholars: If unsure about the permissibility of a specific product or contract, consult with knowledgeable Islamic scholars or Sharia advisory boards. Many Islamic financial institutions have their own Sharia supervisory boards.
Approach Islamic Banks: Directly engage with established Islamic banks in the UK. Al Rayan Bank and Gatehouse Bank are the primary options offering Sharia-compliant home finance products. They will be able to explain their specific product offerings and eligibility criteria.
Review the Contracts Carefully: Even with Islamic banks, read the contracts thoroughly. Ensure they explicitly avoid interest and are structured according to recognized Islamic finance principles. Look for terms like “profit rate” or “rental rate” instead of “interest rate.”
Consider Takaful for Protection: For personal protection, explore Takaful (Islamic insurance) providers. While less common than conventional insurance, Takaful operates on principles of mutual cooperation and shared risk, aligning with Islamic ethics. If a direct Takaful product isn’t available for a specific need, consider self-insurance (saving for potential future risks) or relying on broader community support.

Ethical Financial Planning Beyond Mortgages

Halal Investments: Explore opportunities to invest in Sharia-compliant funds, equities, and Sukuk (Islamic bonds) through platforms like Wahed Invest. These investments avoid industries like alcohol, gambling, pornography, and conventional finance.
Zakat & Sadaqah: Understand your obligations regarding Zakat (obligatory charity) and engage in Sadaqah (voluntary charity). These are fundamental aspects of Islamic financial well-being and wealth purification. Resources like the National Zakat Foundation can assist with calculations and distribution.
Estate Planning (Islamic Will): Ensure your estate is distributed according to Islamic inheritance laws by drafting an Islamic Will. This is crucial for avoiding disputes and fulfilling religious obligations after one’s passing. Many legal firms in the UK offer specialised Islamic Will writing services.
Avoid Riba in Everyday Transactions: Be mindful of riba in daily financial dealings, including credit cards with interest, conventional loans for other purposes, and interest-bearing savings accounts. Opt for Sharia-compliant alternatives where possible, such as Sharia-compliant current accounts and savings products.

How to Cancel Conventional Mortgage Applications (General Guidance)

Cancelling a conventional mortgage application is a process that varies depending on the stage of the application and the specific lender or broker involved. While Blueherringmp.co.uk focuses on initiating applications, it’s crucial to understand the steps for cancellation, especially if one decides to pursue Sharia-compliant alternatives.

Pre-Offer Cancellation

Early Stage: If you’ve only made an initial enquiry or submitted basic information without a formal application, cancellation is usually straightforward. Inform the broker or lender immediately that you wish to withdraw your application. There are typically no fees at this stage from the lender, though the broker might have an initial consultation fee.
Application Submitted, No Offer: If you’ve submitted a full application but haven’t received a formal mortgage offer, you can still cancel. Contact Blue Herring Mortgage & Protection Services Ltd directly and formally request to withdraw your application. Be aware of their stated non-refundable fee structure: “If we charge you a fee you will not receive a refund if your mortgage or loan does not go ahead.” This means any fee already paid to Blue Herring would likely not be returned.

Post-Offer Cancellation

Offer Received, Not Accepted: If you’ve received a mortgage offer but haven’t formally accepted it, you can decline it. Inform both the broker and the lender of your decision. Again, the broker’s non-refundable fee policy will apply.
Offer Accepted, Before Completion: This is a more complex stage. You can still cancel, but there may be more significant implications. The lender might charge an administration fee for the work done. If a valuation or legal work has been carried out, you might be liable for those costs. It’s essential to communicate clearly and in writing with all parties involved.
After Completion: Once the mortgage has completed and funds have been disbursed, it becomes a live mortgage. You cannot “cancel” it in the traditional sense. You would instead need to look into remortgaging to a Sharia-compliant provider (if the current product allows early repayment without prohibitive penalties) or exploring other avenues for managing the existing riba-based debt. This often involves significant early repayment charges or exit fees.

Specifics for Blueherringmp.co.uk

Based on the website text, Blueherringmp.co.uk states: “For our advice services, we will charge a fee of between £0 minimum and £999 maximum. Our typical fee is £449. The amount charged is dependent on the amount of research and administration required and will be discussed and agreed with you at the earliest opportunity. The fee is payable on application. If we charge you a fee you will not receive a refund if your mortgage or loan does not go ahead.” This clearly indicates that any fee paid to them is non-refundable if the mortgage doesn’t complete, regardless of the reason for cancellation. Therefore, if you decide to cancel an application with Blue Herring due to ethical concerns, you would likely forfeit any fee already paid to them. Krisstuition.co.uk Review

Regulatory Framework and Ethical Compliance

The regulatory environment for financial services in the UK is robust, primarily overseen by the Financial Conduct Authority (FCA). Blue Herring Mortgage & Protection Services Ltd, as an Appointed Representative of PRIMIS Mortgage Network, falls under this regulatory umbrella. However, regulatory compliance and ethical compliance (from an Islamic perspective) are distinct concepts.

FCA Regulation: What it Covers

The FCA’s role is to ensure financial markets are honest, fair, and effective. This includes:

Consumer Protection: Ensuring firms treat customers fairly, provide clear information, and handle complaints properly.
Market Integrity: Preventing market abuse and promoting fair competition.
Prudential Supervision: For certain firms, ensuring they are financially sound.

For a mortgage broker like Blue Herring, FCA regulation means:

Authorisation: They must be authorised (or be an Appointed Representative of an authorised firm) to conduct regulated activities.
Conduct Rules: They must adhere to strict rules on how they advise and sell mortgage products.
Complaints Procedure: They must have a formal complaints procedure, and customers can escalate unresolved complaints to the Financial Ombudsman Service.
Risk Warnings: They are required to display clear risk warnings, such as “YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.”

The Disconnect Between FCA Regulation and Islamic Ethics

While FCA regulation provides important safeguards for consumers, it does not evaluate products or services based on religious or ethical compliance beyond general fairness and consumer protection. Therefore, a service can be fully FCA-compliant yet still violate Islamic financial principles.

Riba (Interest): The FCA does not prohibit interest. In fact, interest is a cornerstone of conventional finance. Thus, a firm facilitating interest-based mortgages is fully compliant with FCA rules, despite riba‘s prohibition in Islam.
Gharar (Excessive Uncertainty): Conventional insurance products, which Blue Herring also offers (“Protection”), often contain elements of gharar. While the FCA regulates these products to ensure they are fair and transparent within a conventional context, they do not assess them against the Islamic concept of gharar.
Maysir (Gambling): Some aspects of conventional financial speculation might border on maysir, which is prohibited in Islam. The FCA’s focus is on preventing fraudulent or manipulative trading, not on religious permissibility.

Importance of Sharia Compliance Boards

For financial products to be truly Islamic, they must be vetted and approved by a Sharia Supervisory Board (SSB) or independent Sharia scholars. These boards comprise experts in Islamic jurisprudence who ensure that all aspects of a financial product or service adhere to Islamic law. Conventional brokers like Blue Herring do not have such boards, nor is it part of their regulatory requirement. Therefore, while Blue Herring is “authorised and regulated by the Financial Conduct Authority,” this authorisation does not extend to, or imply, Sharia compliance. For Muslims, this distinction is paramount.

Blueherringmp.co.uk Pricing and Fee Structure Analysis

Understanding the pricing and fee structure of any financial service is critical, and Blueherringmp.co.uk provides some detail on this. They operate on a dual fee model, which is common among mortgage brokers in the UK.

Broker Fee Breakdown

The website states: “For our advice services, we will charge a fee of between £0 minimum and £999 maximum. Our typical fee is £449. The amount charged is dependent on the amount of research and administration required and will be discussed and agreed with you at the earliest opportunity. The fee is payable on application.”

Key points from this statement:

Variable Fee: The fee is not fixed but ranges from £0 to £999, with a typical charge of £449. This variability indicates that simpler cases might incur lower or no fees, while more complex or time-consuming applications will be at the higher end.
Based on “Research and Administration”: This suggests the fee is compensation for the broker’s time, effort, and expertise in finding suitable mortgage products and handling the application process.
Agreed Upfront: Crucially, the fee “will be discussed and agreed with you at the earliest opportunity,” implying transparency before the client commits. This aligns with good consumer practice, ensuring no hidden charges.
Payable on Application: This is a significant point. The fee is due when the application is made, not upon successful completion of the mortgage.
Non-Refundable: As highlighted previously, “If we charge you a fee you will not receive a refund if your mortgage or loan does not go ahead.” This means the client bears the risk of the application failing or being withdrawn, without fee recovery.

Procuration Fee

In addition to the client-paid fee, Blueherringmp.co.uk also states: “We will also be paid a procuration fee by the lender.”

Lender-Paid Commission: A procuration fee is a commission paid by the mortgage lender to the broker for introducing a client and successfully arranging a mortgage. This is a standard practice in the mortgage industry.
Potential for Conflict of Interest (Conventional View): While legal and common, some critics argue that procuration fees can create a potential conflict of interest, where a broker might be incentivised to recommend a lender or product that pays a higher commission, rather than necessarily the absolute best option for the client. Reputable brokers, however, are bound by regulatory duties to provide advice in the client’s best interest.

Implications for a Muslim Client

From an Islamic perspective, the fee structure raises further questions: Footballdna.co.uk Review

Fee for Haram Service: Even if the fee itself isn’t riba, paying a fee for facilitating a transaction that involves riba (like a conventional mortgage) is problematic. In Islam, engaging in or facilitating prohibited transactions is generally not permissible.
Non-Refundable Nature: The non-refundable aspect of the fee adds to the financial risk borne by the client, especially if they later discover the impermissibility of the product and withdraw the application.
Procuration Fee Transparency: While disclosed, the procuration fee further entrenches the broker in the conventional, interest-based system.

In summary, while the pricing model is transparent within the conventional UK mortgage market, its inherent connection to riba-based products makes it a non-starter for Muslims seeking to adhere to Islamic financial principles. The cost isn’t just monetary; it includes the spiritual cost of engaging with what is forbidden.

FAQ

What is Blueherringmp.co.uk?

Blueherringmp.co.uk is the website for Blue Herring Mortgage & Protection Services Ltd, a UK-based broker offering advice and services related to conventional mortgages and personal protection.

Is Blueherringmp.co.uk regulated by the FCA?

Yes, Blue Herring Mortgage & Protection Services Ltd is an Appointed Representative of PRIMIS Mortgage Network, which is authorised and regulated by the Financial Conduct Authority (FCA).

What services does Blueherringmp.co.uk offer?

They offer advice and assistance with home buying, moving, remortgaging, and personal protection, primarily through conventional, interest-based financial products.

Does Blueherringmp.co.uk offer Sharia-compliant mortgages?

No, based on the information provided on their website, Blueherringmp.co.uk does not indicate that they offer or facilitate Sharia-compliant mortgages or financial products. Their services appear to be exclusively conventional.

Why is Blueherringmp.co.uk not recommended for Muslims?

It is not recommended for Muslims because their core services involve conventional mortgages and protection plans, which are typically structured around riba (interest) and elements of gharar (excessive uncertainty), both of which are prohibited in Islam.

What is Riba in Islamic finance?

Riba refers to interest or usury, which is strictly prohibited in Islam. It encompasses any unjustifiable increase in a loan or deferred payment, or any excess obtained without legitimate counter-value in a transaction.

What are Gharar and Maysir in Islamic finance?

Gharar refers to excessive uncertainty or ambiguity in a contract, which can lead to disputes. Maysir refers to gambling or speculative activities where gain depends purely on chance, both of which are prohibited in Islamic finance.

What are the ethical alternatives to conventional mortgages?

Ethical alternatives include Sharia-compliant home finance models such as Musharakah Mutanaqisah (Diminishing Partnership), Murabaha (Cost-Plus Financing), and Ijarah (Leasing), offered by Islamic banks.

What are some Sharia-compliant banks in the UK?

Prominent Sharia-compliant banks in the UK offering home finance include Al Rayan Bank and Gatehouse Bank. Ghedirect.co.uk Review

What is Takaful insurance?

Takaful is a Sharia-compliant alternative to conventional insurance. It operates on principles of mutual cooperation, where participants contribute to a fund to cover each other against specific risks, with surplus funds potentially distributed back.

Is the fee paid to Blueherringmp.co.uk refundable if the mortgage doesn’t go through?

No, according to their website, if they charge you a fee, it is not refundable if your mortgage or loan does not go ahead.

How much does Blueherringmp.co.uk typically charge for their services?

Their typical fee is £449, though it can range from £0 to a maximum of £999, depending on the research and administration required.

When is the fee payable to Blueherringmp.co.uk?

The fee is payable on application, meaning it is due when you submit your mortgage application through them.

Does Blueherringmp.co.uk receive fees from lenders?

Yes, in addition to charging a client fee, Blueherringmp.co.uk states that they also receive a “procuration fee” from the lender.

How long has Blue Herring been in the property industry?

The website states they have “11+ Years of Experience in the Property Industry.”

Can I cancel my mortgage application with Blueherringmp.co.uk?

Yes, you can cancel your application. However, any fee paid to them will likely not be refunded, and depending on the stage, you might incur other costs from the lender or for related services.

What should I look for in an ethical financial advisor?

An ethical financial advisor for Muslims should have expertise in Islamic finance, understand Sharia principles (riba, gharar, maysir), and be able to guide you towards Sharia-compliant products and investments.

Are all mortgage brokers in the UK similar to Blueherringmp.co.uk?

Most mortgage brokers in the UK primarily deal with conventional, interest-based mortgage products. Few specialise in or even offer Sharia-compliant options.

What is the primary disclaimer on the Blueherringmp.co.uk homepage?

The primary disclaimer is “YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE,” which is a standard warning for conventional mortgage services. Afrohaircandy.co.uk Review

Where is Blue Herring Mortgage & Protection Services Ltd registered?

They are registered in England and Wales, with their registered and trading address at 18 Hipkin Close, Wellingborough, England, NN8 1GU.