Why using a mortgage broker could save you time and money
Mortgage brokers have experience with mortgage lenders and know their criteria so will be able to tell whether your situation will be suitable for them or not, stopping any unnecessary applications. We also speak to these lenders regularly so will have built a rapport with them.
We know the industry, with mortgage criteria constantly changing and new regulation coming in we understand what will be possible for you and what won’t. This also means we are up to date with the latest deals, some of which can only be accessed through a broker.
We are qualified, we give mortgage advice every day and have experience in all kinds of different mortgage scenarios, no matter how complicated it might seem. Through our guidance we can approach the right lender and make the process quicker and less stressful.
Mortgage brokers will have access to the whole of market, that means we can approach all the market on your behalf, often with access to deals and products which are not available via going direct-to-lender.
Who does a mortgage broker work for?
Mortgage brokers are working for you, the client, and no one else. It is a common misconception amongst people that brokers could be working for the lender, solicitor, estate agent or just about anyone else. We are instructed by you to find the best mortgage for your circumstances and will always give unbiased advice to act in your best interests.
Financial Conduct Authority
We are regulated and authorised by the Financial Conduct Authority (FCA) to give mortgage advice. This means we must treat clients fairly and give the correct and most appropriate advice to each client.
Yes we charge a fee
We believe there is reason to charge a fee to clients as we will be advising you on the largest debt you will ever likely take out. Using a broker means you are protected as we have a duty of care to recommend the right mortgage to you. With customer service as our foundation we dedicate a large amount of time and knowledge to you for arranging the mortgage, this fee is your commitment to us. What are the costs when you mortgage a home?
Speak to a mortgage advisor
If you would like to discuss your mortgage requirements call Senate Home today.
Your property may be repossessed if you do not keep up repayments on your mortgage.