What Does A Mortgage Broker Do?
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What Does A Mortgage Broker Do?
What does a mortgage broker do?
We look at finding the most suitable mortgage deal based on the client’s specific circumstances. Some brokers are restricted to a selection of lenders, whereas we are whole- of-market.
We find the most suitable deal by scouring the market and based on your circumstances, to find the right option.
What’s the difference between going to a mortgage broker or adviser versus your local high street lender?
A bank only has access to their own products, so that’s all they can talk to you about. But we have access to all of their products and also nearly a hundred other lenders. So we’ll ensure that you get the most suitable option available based on a much wider choice.
What services does a mortgage broker offer?
We help with residential mortgages or Buy to Let, and work with First Time Buyers, home movers or people who are remortgaging. We’ll find the most suitable option for them.
We also liaise with estate agents if needed. We have solicitors that we use to ensure the process runs as smoothly as possible, between the application, then moving to mortgage offer and through to completion.
As a First Time Buyer or as a home mover, clients usually want to know their maximum borrowing potential, so that they know what property values to look at. We can also get you an Agreement in Principle based on those figures.
We get a lot of repeat business, after perhaps two or five years once the current mortgage deal ends. Our clients often recommend their friends and family which is also great.
Speak To an Expert
Buying a new home can be a stressful time for anyone. Our job here at Brick2Brick Mortgage Solutions is to make the process a lot easier, taking the stress out and making the clients journey smooth and so much more.
When should I see a mortgage broker? At what stage in that house buying process?
Generally, I’d say right at the beginning, when the thought comes into your head that this is something that you’d like to do. We will help you understand your maximum borrowing potential by looking at your income and commitments.
You then know what property values to look at. We will also talk about the size of the deposit you would need to save. Some people are lucky enough to have a deposit in the form of a gift from their family. But either way, if you have that conversation early, you know where to start.
When was Brick to Brick Mortgages founded and how long have you been in the industry?
The business started in March 2019 and I’ve been in the industry since 2015. I initially started working for a company and then decided to start this one up on my own. And we’re still here, which is great.
Does it cost for an initial consultation with you?
We know that it can be quite daunting to pick up the phone and have that first conversation, especially as a First Time Buyer. People often don’t have a clue about what to expect.
It’s a big decision to start looking for the right property and find a mortgage. That’s why we’re here from the start.
It is free of charge, the initial consultation. The advice fee is only payable on completion for our service in relation to mortgage contracts. And that could be a very long time away. We’re always here for a chat. We’re generally around in the evenings and at weekends. People want to call me and I’m happy to help with anything at all.
So if you have any questions just contact us anytime. I’m sure we’d be able to help with whatever you want to find out.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
