Finding the right mortgage advisor can be difficult, however here is a list of questions you need to be asking your mortgage advisor to ensure they are the best in the business:
- Are you whole of market? Always check if the advisor you are looking at is whole of market because this makes a huge difference to what lenders and rates they can see, meaning you could miss out on a better deal.
- How much is your fee and what does this cover me for? Brokers work differently and therefore this will be reflected in their fee. Some will just sort the mortgage and leave the rest to you. However a good mortgage brokers will walk you through every step, help you with your solicitors paperwork, get solicitors updates for you, keep you in the loop from start to finish and find/apply for insurance quotes for you. As well as getting in touch with you when your deal is due to end and review your insurances.
- Where will I find your reviews? You always want to read the reviews to find out what other customers think of them. Trustpilot and Google is where you can find ours. There is a reason we are 5 stars!
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- What other services can you offer? It is important to ask your mortgage advisor what else they can do to help you. For example, do they help you with insurances such as life insurance and Buildings and Contents Insurance? Having everything all done within one building definetly helps take the stress away.
- Will you help with the conveyancing side of my mortgage? Some Mortgage brokers do not help you when it comes to the conveyancing side. Find an advisor who can provide you with optional solicitors quotes, help you fill in your paperwork for them, and get the updates for you!
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