Jlbcreations Business Mortgage Advice Belfast – How to Find a Reputable Mortgage Adviser

Mortgage Advice Belfast – How to Find a Reputable Mortgage Adviser

Spread the love

Whether you are buying your first home, moving house or looking to re-mortgage, choosing the right mortgage is one of the biggest financial decisions you will make. A good independent mortgage adviser can search the market on your behalf and recommend a suitable product to meet your needs. They will also help you prepare and submit your application paperwork, so it is processed quickly.

Are mortgage advisors worth it?

There are two types of mortgage advisers: Mortgage brokers and independent financial advisers. Mortgage brokers, or ‘whole of market’ advisers, have access to a wide range of lenders and mortgage products and can offer you a more impartial service.

It is important to find a reputable, independent Mortgages adviser that is FCA regulated and able to give you advice about your entire financial situation – not just your mortgage. You can check the details of a firm’s registration on the FCA Register. Advisers can charge you a fee, which may be added to your loan or paid upfront. Some charge a flat rate or hourly rate, while others receive commission from the lender. You should always be clear on how they will charge you – read our guidance about paying for mortgage advice.

A mortgage adviser will ask you about your current finances, and your mortgage preferences, such as repayment terms and interest rates. They will then scour the market to find a suitable product, and help you complete the necessary paperwork and liaise with the lender on your behalf. They can also help you with other financial products, such as insurance.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post