Mortgageclearing sets fee at £9.99 a month

The newly-launched underwriting system from Mortgageclearingonline.co.uk will be available for a fixed fee of £9.99 per month.

Paul Griffin, managing director of MCO, says: “Brokers who have been trialling the system have given us feedback that they would prefer to be charged a fixed monthly fee rather than a click fee for cases and we believe that £9.99 per month represents excellent value for money.”