Whether you’re in the market for your first home, looking to move or simply remortgage, then you’re going to need some accurate, impartial mortgage advice. The question is then, where you get that mortgage advice and from whom? Do you go direct to a lender or do you put your trust in an independent mortgage broker?
We recommend you do use an independent mortgage broker.
In this blog, we take a look at why using an impartial independent mortgage broker is not only the best route to finding the best available deals on the market but also the best deals on the market for your specific circumstances.
Saves You Time
First of all, a ‘whole of market’ mortgage broker is going to take all of the legwork out of the situation, as you’ll be spared having to go around finding the best deals and scouring the terms and conditions for any hidden, nasty surprises. A mortgage advisor of this kind is going to have an in-depth knowledge of the market as a whole (hence the name) and will be able to steer you away from the pitfalls that many fall into when obtaining a mortgage.
Get Access to More Deals
Whilst mortgage brokers of this kind are impartial and independent, they will have special relationships with lenders because of their professional status. That means they’ll be able to draw from a larger set of deals than you’ll typically find yourself when looking through the mortgage market. It could be that you get a deal with lower admin charges or a longer fixed rate than you’d find in a lender’s headline deals, both of which could save you a considerable sum.
Discounted or Waived Fees
Another benefit of using a whole of market mortgage broker is that their relationship with certain mortgage lenders can result in reduced or even waived fees. This factor shouldn’t be glossed over either, as knowing the right mortgage professional can literally save you thousands of pounds. Combined that with the fact that mortgage advisors sometimes charge no broker fee, the financial advantages of choosing this route are obvious.
Of course, there will be variations from broker to broker and it’s not guaranteed that the one you choose has your best interests at heart, which is why it’s always recommended that you do your homework. Perhaps seek out some reviews of the person you’re considering and you’ll soon see what their past clients think of what they offer.
Talk to an Independent Mortgage Broker
At Yes Mortgage Services, we offer honest, impartial advice and we consider the happiness of our clients as a higher priority than making money. Of course, we need to make a living as everyone does, but we would never recommend any mortgage that wasn’t suitable to turn a quick profit. For example, if your best course of action was to stay with your current lender, then that’s what we’d recommend, irrespective of what we stand to make or not as the case may be.
We also understand that people live very busy lives these days, so we are more than happy to arrange appointments outside of our core hours when you’ve had time to settle in after work and get the kids to bed! You’ll get charged no broker fee when choosing our services either, so you can rest assured that you’re getting the very best deal you can.
If you’d like to find out more about us and how we work as an independent mortgage broker, why not book a call to discuss your needs with us, you can call us on 0800 612 5596 or request a callback by filling out our contact form
If you’re looking to buy your first home, upsize or remortgage your home, we’d love to hear from you.
At Yes Mortgage Services, we offer a comprehensive range of products from across the market.
Irrespective of whether you are looking to buy a new home, re-mortgage an existing property, or looking to protect your family from the unpredictability that life throws at it or protect your income if you are unable to work due to accident or ill health.
Yes Mortgage Services are committed to offering you the highest possible standards of service. We can undertake the whole process from answering the initial questions through to handling multiple product applications. Ensuring that everyone gets treated with the same urgency and maintaining your best interests are our main goals irrespective of the value of the mortgage.
We recognise that both we and our customers have everything to gain if we look after your best interests and treat you fairly in all aspect of our dealings with you.