Why Use a Mortgage Broker?

Looking for a new mortgage?

You do not have to use a mortgage broker. You can search online for the best mortgage rates at the moment and do it yourself. 

The benefit of using a broker is quite simply that they’ll do all of the leg-work for you. They’ll talk you through the deals that best suit you and your situation and they’ll also point out any potential issues. You’ll get to sit down with someone over a cuppa and discuss the most important investment you are ever likely to make. That, or you’ll do it over the phone or online. It’s so easy to work with a broker in this digital age. Some buyers love the sit down approach and some prefer not to have to meet in person.

Assessing Your Mortgage Requirements

A broker will do this with a simple chat. This will include listening to your requirements, your current financial situation with a view to understanding your personal situation. At the Mortgage Brain we know that your time is precious, so we’ll endeavour to take up as little of it as possible.

What Happens Next?

Once we have assessed your particular situation and circumstances, we’ll search the market using our own system. We work with lots of lenders, therefore are not restricted to one particular back or building society. With so much choice, we are well placed to find the best mortgage solution for you.

Once you have decided on a mortgage product, you can sit back and leave the rest to us. We deal with the  application process for you. For us, it’s an everyday thing but we understand that for you, it can seem rather daunting. It’s not what you do, it is what we do.

So, should you use a broker?

There is no reason that you should, but a broker can certainly save you time and money. The process of doing it yourself can feel exhausting and you may miss a better deal.

Then there is mortgage protection which is essential. If anything happens to you or your partner, you want to know that your mortgage will be paid off. One less thing to worry about in stressful times. We are also insurance brokers, so can give you advice on which product suits you best.