Good mortgage advice
Does your broker do exactly what you tell them to and what conversations are they having with you?
In this 2nd part of our two part article we explore what we think a good mortgage adviser should be doing and how it should benefit you
Does your broker do exactly what you tell them to?
If so, are you really getting good 'advice'? A good mortgage adviser should certainly listen to what their clients want from a mortgage, but it's also their job to give advice that allows their client to understand all of their options, as well as the risks and have a clear picture of what products are most suited to their situation. A recommendation from your friend, neighbour, brother, or sister isn't always going to be the best rate, lender, term, or product for yourself.
To get the most from your adviser you should ask questions, tell them what your goals are and allow them to share their knowledge with you after understanding everything you want from a mortgage and from your protection cover.
To have a conversation with a mortgage broker who will listen AND give you the advice you need visit our contact page to book an appointment at a time convenient to you and we'll contact you at that time, it's that easy.
What conversation is your broker having with you?
Getting a mortgage isn't just about getting the cheapest rate. A good mortgage broker will take the time to understand you and your situation, where you are, and where you want to go, what budget you have, what your financial situation is, and address any concerns, doubts and questions you may have.
Did you know that some advisers charge fees whilst others don't? Did you know that some mortgage products also include a fee which can therefore affect the true cost of the mortgage over the term? Did you know that some mortgage products have Early Repayment Charges (ERC's) if you wish to overpay beyond a certain amount or pay off the entire loan early, whilst some don't?
It's important that your mortgage broker has these conversations with you so they can give you the best possible advice for you. Book a time that's convenient for you and we'll contact you at your chosen time to discuss your needs. Visit our contact page now and have a proper conversation with one of our Advisers.