Why use a Mortgage Broker?

Whether you’re a first time buyer, a current homeowner, a business owner or are looking to expand your property portfolio with a buy-to-let investment, choosing the right mortgage should be your first step.

Apps and websites can help you compare a mortgage, but only a professional can help you choose one. We draw on years of experience in the financial markets that can help you select the right product for your specific needs. We can explain the difference between different types of mortgages, along with important features such as the rate, term, lending policies, and what accompanying insurance policies are mandatory.

Better still, we can do all of this in a way that’s easy to understand and jargon-free.

We make mortgages make sense

Policies, lending practices and terms of compliances are always changing in the mortgage industry, and trying to make sense of everything yourself can apply added pressure to an already stressful time.

There are many reasons why seeking the help of a mortgage broker is one of the smartest decisions you can make:

We understand your needs – Whether you are moving home, need to release equity from your current mortgage, want to remortgage your home or are a first time buyer looking to get onto the property ladder, a mortgage broker will provide you with guidance regarding the right financing. Not all mortgage products are suitable for the same transaction, so we will take the time to understand your financial goals to ensure you are matched with the right selection.

We have a duty of care  – Unlike a high-street lender, a mortgage broker has a legally binding duty of care to recommend suitable products based on your specific needs. This can provide you with great peace of mind knowing that you are obtaining advice from a professional that truly does have your best interests at heart.

We have training and qualifications  – A mortgage broker will have received extensive training and the appropriate certifications – and importantly, they will offer impartial advice. Seeking independent advice means you are presented with a wider range of options, and that there is no bias towards any one particular lender.

We can offer protection advice – For certain mortgages, obtaining types of insurance are a requirement, while for others, insurance policies are just a suggestion. A mortgage broker will provide you with honest fair assessment along with comparisons of the best insurance products for you, so you don’t have to worry about being mis-sold a policy and instead can have faith that you have the right protection in place.

In today’s market, professional advice can be invaluable when it comes to securing the right mortgage. To find out more about how we can help you, contact MMF today.