Benefits of using a Mortgage Broker
Search the market - Mortgage brokers can access thousands of products from hundreds of lenders. This allows them to help you look at a variety of options to find the best mortgage for your specific situation. They might help you save money each month, boost your borrowing capacity, or locate a lender who can help if you've been turned down before.
Time saving – Shopping around for the best mortgage deal can be a lengthy and daunting process, making it hard to know where to begin. Mortgage brokers can help streamline this process by conducting the necessary research for you, ensuring that the right lender is recommended, rather than you approaching lenders who are unable to help.
Expert advice - Mortgage brokers are qualified experts who offer essential guidance throughout the mortgage process. They will communicate with underwriters, solicitors, and others, address any objections, follow up with third parties, and utilise their expertise to simplify the entire process.
Exclusive products - Some lenders only accept application via brokers or offer exclusive rates to brokers. So, instructing a broker to act on your behalf ensures you'll receive the best deal available.