7 ways a mortgage adviser can save you time and money!

Should you use a mortgage adviser or just try to find the best mortgage by yourself? Many buyers find themselves asking this question. Here we explore seven key ways that the right mortgage adviser can help you with the process of finding the best possible mortgage for your circumstances.

1. Free consultation and advice

A good mortgage adviser will take time with you – either in person or over the phone – to assess your situation. During the initial, free consultation they will draw upon their comprehensive knowledge of the market to make recommendations based on your deposit amount, income and pay structure, future plans, family situation and other factors. You'll also have the chance to ask your adviser any questions you might have about the mortgage process.

2. Access the widest range of product options

While some advisers only work with a small number of lenders, other advisers will be able to select the ideal mortgage for you from the thousands currently on offer in the UK. Instead of relying on a bank, who will offer you one of their own products, be sure to work with a mortgage adviser that can look across the entire market and find the perfect fit for you.

3. Access exclusive rates and criteria options

Many mortgage providers offer exclusive rates and criteria options to advisers who have built a good relationship with them. By using the right adviser, you can access these exclusive options that are not available on the high street or online.

4. Unbiased recommendations

As your mortgage adviser is working for you, they are best-placed to offer you completely unbiased advice. Choosing a mortgage is the biggest financial decision many of us will make, so getting expert, impartial advice is extremely important.

6. Help with the application process

Once your adviser has assessed your situation and agreed with you on the ideal mortgage for you, they should then assist you with the application process. They will make sure you have filled in forms correctly and included all the necessary documents and information so that your mortgage application goes through smoothly, the first time.

7. Liaise with all parties through to completion

Once your mortgage application has been successful, you'll receive a mortgage offer from your lender. However, a good adviser will then continue to liaise with all parties involved, right through until contracts are exchanged and you complete on your purchase. This is crucial, as changes may need to be made to your mortgage – for example if you need to renegotiate the price of the property and adjust your mortgage accordingly.

Are you looking to buy? Get in touch today to find out not only our recommendations for great local mortgage advisors, but also help and advice for your search.

Get in touch with us

First Name

Last Name

Mobile Phone

Your Email Address

Are you looking to

Buy

Sell

Rent

Let

Please enter message here

Please confirm that it is okay for us to contact you about this information as well as our products and services. By confirming, you also agree to the use of cookies to enhance your experience. (You will always have the right to unsubscribe or manage your cookie preferences at any point in the future.)

Confirm

The Secret Language of Estate Agents: What We Really Mean

Ever wondered what estate agents really mean when they describe a property? Well… we've decided it's time to reveal a few secrets. Don't worry, we promise not to tell anyone. 😉

CLICK HERE >

Ever Thought About Buying at Auction?

When you think about buying a property, you probably picture searching Rightmove, arranging a viewing, making an offer and then waiting for the usual buying process to unfold. But there is another way to buy a property — property auction

CLICK HERE >

Mortgage Market Update: What Buyers Need to Know

The mortgage market has been a little more volatile over the past few weeks, with rates moving as financial markets respond to events both here in the UK and internationally. In our latest video, we take a look at what’s happening in the mortgage market and, importantly, what it could mean if you’re considering buying your next home.

CLICK HERE >

Your First Step onto the Property Ladder: A Guide for First-Time Buyers

Taking your first step onto the property ladder is an exciting milestone. This guide will help demystify the process, offering clear, honest advice to make your journey smooth and rewarding. Let's explore how you can achieve your homeownership dreams. PLUS, information on the First Time Buyer Scheme.

CLICK HERE >