Below is a table that shows our clawbacks and commissions agreements with the banks we deal with. All lenders pay the same sum, some claw it back differently. A clawback is where at some point in the future after a loan draws down that a bank or lender takes back income that was payable as commission in the past.

For example, if we help a client to borrow €150,000 we would get €1,500 in income from the bank, but with most of them if you were to refinance elsewhere for a better deal in year one the original bank would take back (claw back) the full €1,500. That’s why our terms of business explains that if we get a clawback that we in turn seek payment of that from the client.