Securing the right mortgage can make a world of difference and at Blue Square, we’re proud to offer what we believe is the most knowledgeable, attentive and reliable mortgage service on the Isle of Man.

Our role is to give you absolute clarity, confidence and support at every step, no matter how simple or complex your situation may be.

Our Full Broking service will provide you with the full experience of our team throughout the process including any challenges with the application, valuations and conveyance process.

First time Buyers: £250 | All other clients: £500

Blue Square offer whole of market, independent advice for protection.

We are paid commission from the provider of life assurance and other regular premium insurance contracts.

Full details of any commission paid will be fully disclosed in writing to you as part of the illustration and protection report, prior to any policy proceeding.

We provide personal pension advice for Isle of Man registered schemes including QROPS.

For the establishment of a pension scheme we charge £500.

For pension transfers we charge £500, per scheme transferred.

Our investment fees will also apply in addition to these fees.

We do not provide defined benefit scheme advice.

At Blue Square, we keep our fees simple, clear and fair. We want you to understand exactly what you’re paying for and to feel confident that our service offers real value.

We charge in two ways: an implementation fee when we set up new investments, and an ongoing service fee to look after your plan and investments over time.

Implementation Fee

When we set up new investments, we charge an implementation fee based on the amount you invest and the overall value we look after for you.

For putting your investments in place:

Up to £500,000: 1.00% (min £1,000)

£500,000–£1,000,000: 0.75%

Over £1,000,000: 0.50% (max £10,000)

If your portfolio size means a different fee applies, we’ll explain this clearly and agree it with you before any work begins.

Ongoing Advice Charges

A financial plan isn’t something you set and forget, it needs care, attention and regular monitoring so it continues to support what matters most to you.

For ongoing planning, monitoring and investment management:

Up to £500,000: 0.75% per year

£500,000–£1,000,000: 0.60% per year

Over £1,000,000: 0.50% per year

If your circumstances mean a different fee is more appropriate, we’ll discuss it openly and confirm everything in writing so you’re always fully informed.

For a typical lump sum investment:

Market minimum adviser cost: Initial charge: 0.5%. Ongoing charge: 0.5% p.a.

-> Our cost: Initial charge: 1.00%. Ongoing charge: 0.75% p.a.

Market average adviser cost: Initial charge: 2%. Ongoing charge: 0.75% p.a.

Market maximum adviser cost: Initial charge: 3%. Ongoing charge: 1.1% p.a.

Source: Research by VouchedFor, calculated in March 2021 based on analysis of 1,020 advisers’ fee structures. Published in which.co.uk .

Money Helper

Money and pensions guidance over the phone or online

https://www.moneyhelper.org.uk/en

Citizens Advice - guidance on a variety of issues from money to consumer rights, benefits and legal issues

https://www.citizensadvice.org.uk/