Why Use A Mortgage Advisor
Why you should consider using a mortgage Adviser.
1. Less stress
Applying for a mortgage and buying a property – especially for the first time, can be a really stressful time. Having us by your side will give you confidence in what you are doing , we will guide you through the whole process: from completing the application, right through to the day you collect your keys.
We will look after the administration and will deal directly with the lender on your behalf, making life so much easier for you. So, whilst you’re at work, or enjoying some downtime you will have peace of mind of knowing that we are progressing your application, and keeping the estate agent and Solicitor updated - meaning less of everything for you to deal with!
And with our extensive knowledge and experience of the mortgage market we will make sure that we make your journey as enjoyable as possible.
We are Professionally qualified, and with years of experience in the industry, you can be assured that we will be able to offer you the correct advice and quality of service.
2. Access to a comprehensive range of lenders
We are whole of market mortgage brokers. This gives us a far wider range of mortgages than members of the public can obtain from the high street lenders. This is because some lenders don’t deal with the public directly, and only work with mortgage brokers - or they may have exclusive mortgage products which are only available through a broker.
Having more choice simply means that we are more likely to find a lender better suited to you and your individual circumstances.
3. Speeding up the process, saving you time and money
Working with a mortgage broker really can help to speed up the process of applying for a mortgage.
We will check the lenders criteria and eligibility requirements before you apply, with the aim of getting your application accepted the first time, whenever possible.
We know exactly what paperwork a lender requires for your application, so that you can gather everything at the outset, saving time going back and forth with the lender.
We are on hand to take calls from the lenders processing team during the day whilst you’re at work and unable to take personal calls . This Means we can deal with matters on your behalf and resolve any issues quickly.
We can meet you to get the application forms completed or discuss your application outside of office hours when the banks are closed.
4. We will consider your wider needs
Whilst our primary aim as your mortgage broker is to match you with the right mortgage deal.
We can help to protect your home and life style by recommending appropriate insurance cover which could help pay or even clear the mortgage , being unable to work due to long term illness, or repairing your property following an event such as a fire, flood, storm or theft.
5. Working with you in the future
As life has a habit of not staying still .We will review your options again by comparing the current deals on offer from your existing lender with those available from the rest of the market, ensuring that you can get the best rates available, saving you time and money, with a bit of luck.
As your mortgage advisers, we aim to build a long term relationship, helping and advising you throughout the life of your mortgage. For example, we can also be of assistance in times where you may wish to borrow extra money against your home for repairs or improvements. We can also provide the right guidance and advice should you wish to pay off some or all of your mortgage early - either as a one off payment or as a regular arrangement.
6. Peace of mind
As your mortgage broker, we have a duty to ensure that you get the best advice, and that we recommend the most suitable deal for you - based on what you can comfortably afford.
We will carefully assess your circumstances, looking at your incomes, your commitments and your anticipated expenditure, to help work out a comfortable monthly budget for your future mortgage payment. We will also consider your situation should you have a change in circumstances, for example if mortgage rates or living costs rise in the future so you are fully aware of how much you can sensibly afford to borrow.
7. Should I use the estate agents own mortgage broker?
Getting a mortgage is probably the largest financial commitment you will ever make. Whilst it might be convenient to see a broker who's based in the same offices as the agent selling your dream home.
Think carefully. Not all mortgage advisors work across the whole market, many estate agency brokers only source mortgages from a limited panel of lenders.
So that’s one thing to consider.
Also, by providing all of your financial information to a broker based within the estate agency selling the house, could cause a conflict of interest and reduce your bargaining power.
Getting impartial advice when taking out a mortgage is always a better