Why Use a Mortgage Broker?
If you’re currently in the process of looking for your first home, space for a growing family or an investment property. You may be considering using a mortgage broker and below we will look at some of the reasons why you should.
You’ll have access to 1,000s of mortgages through our exclusive range of lenders, many of which cant be found on the high street or online.
Believe it or not, many high street lenders prefer their business to be done by brokers because it takes the liability of advice away from them. Over 70% of all mortgages are done by mortgage brokers and because of this lenders give us exclusive deals you can’t get going directly to them – even if you’ve been a loyal customer for years!
We are fully qualified, competent experts – unlike a lot of banks now, who do not offer advice from advisers when you initially contact them. By using a broker from the outset you will get your own personal mortgage adviser working with you to find the best mortgage deal and take ownership of the process right through to completion, meaning no call centres or dealing with someone you’ve never met before who has no incentive to ensure you get the best possible outcome.
As above we are fully qualified – but a qualification doesn’t mean a lot if it’s not backed up with knowledge of the market. Every lender has different policies, check different documents, have different income requirements, different residency requirements etc. We know the ins and outs of each individual lenders policies meaning we are more likely to get you the outcome you are looking for, even if you’ve been turned down in the past.
We get paid commission
Yes, you read that right. We get paid commission by the mortgage lenders on completion of your mortgage which means it is in our best interest to make sure that everything runs smoothly and your mortgage application is successful, otherwise we don’t get paid!
The mortgage market is highly regulated, our cases are spot checked on a regular basis to ensure we are compliant. We have demonstrate our research and justify as to why a particular mortgage was recommended as the most suitable option for you each and every time. We are authorised and regulated by the FCA which means you are protected by the Financial Services Compensation Scheme if the advice you received was incorrect.
As well as making you sure you get the right mortgage, we want to keep you in your home regardless of what life might throw at you. We are fully qualified to provide protection advice and will discuss the various levels of cover available to you then recommend the most suitable cover and provider for you life insurance, critical illness cover and income protection.
Speak to your own personal mortgage broker at AL Mortgage Solutions today by emailing email@example.com or calling 07412563920
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
AL Mortgage Solutions LTD is an Appointed Representative of PRIMIS Mortgage Network, a trading name of Advance Mortgage Funding Limited which is authorised and regulated by the Financial Conduct Authority. The Financial Conduct Authority does not regulate some forms of Buy to Let.
Our initial mortgage consultation is free. We will charge a fee between £0 and £500 that is payable on application of a mortgage. The amount we will charge is dependent on the amount of research and administration that is required. A typical fee for a purchase is £349.