First Time buyer, experienced landlord, or simply finding it difficult to get a mortgage. We can assist with various options
Well, we all Need insurance, question is which insurance? It can all seem a bit confusing. We will assess your needs and make recommednations that are personal to you and your budget
Maybe you have had a pension for years or maybe you dont have one at all. Either way you could benefit greatly by having a review with one of our experts.
It could be you are looking to buy your first commercial premises, or a developer looking at financing for a large scale development project. Contact us and find out how we an assit you
Are you thinking of selling your house but don’t fancy paying thousands of pounds to estate agents? Click find out more to see how much you could save
Mortgage brokers aren't always clear on the service they provide and the value they bring when negotiating deals, so you don't always see the breadth of offering they provide compared with their banking rivals.
A recent survey from Legal and General (L&G) Mortgage Club found that 55 per cent of consumers are unaware that a mortgage broker can offer greater product choice than a bank or building society.
Additionally, almost 19 per cent thought brokers and banks had access to the same products. This is despite there being 3,721 products available to consumers who go direct, compared to 29,886 for those who use a broker.
There is a growing understanding that by doing a lot more shopping around you can find reasonable disparity between products. Online comparison has helped [shape that thinking], but with mortgages it is still a big decision for some people.
The lending criteria has also been a driver for people to use brokers. The tightening criteria means borrowers are more aware that it is not quite so straightforward to get a mortgage.
The L&G study also revealed that nearly half of homeowners and those looking to buy who did not use a broker, chose not to because they felt their bank or building society offered them a good deal.
Some 15 per cent thought that they would get a cheaper mortgage going direct and almost one in five consumers "didn’t see the value" a broker would add.
Beyond the sale of the product, mortgage brokers can often continue to show how important they are, by staying in touch with the you even after the mortgage deal has been done; providing information about changes in the market.
One in seven thought their bank or building society would be able to give them access to the same impartial advice as a mortgage broker.
Less than half of respondents correctly identified that a mortgage broker represents the interests of the borrower, while more than a quarter thought brokers represented the interests of the lender.
This survey offers key information to prospective borrowers and really does highlight the benefit of seeing an independent mortgage adviser.
If you are considering seeking mortgage advice for either a purchase or just to look at interest rates and options available please don't hesitate in getting in contact for a completely free and impartial chat.