Perhaps you don’t. But you probably do!
Yes, of course it’s entirely possible to go to any of the High Street lenders and apply for a mortgage with them. Whether you’re successful in your application depends on many factors. Your employment, credit history and household income & expenditure (affordability) to name but a few.
But the adviser you meet will almost certainly be tied to only offering the products available from that particular financial institution.
If you want to ensure that you get the most appropriate mortgage for your needs – where your needs come before any other consideration – then you need an independent whole-of-market broker.
And if your personal circumstances are anything other than absolutely bland & straight forward then you may find your application rejected. If you have some missed payments, defaults or even a CCJ. Perhaps you’re self employed or a Limited Company Director taking income by way of dividends. Perhaps you want to buy a property with an agricultural restriction or you want to continue your mortgage into retirement then you may find difficulty in having a High Street application accepted.
That’s where a broker with an intimate knowledge of the market comes in. The ability to place your case with the most appropriate lender, argue your case if needs be, and get the application accepted takes decades of experience throughout the industry.
We are a whole of market underwriting broker. We often place mortgages with a lender where that lender originally rejected the High Street application. We have access to ‘broker-only’ mortgage packages.
Whatever it takes, we’ll work hard to get you the mortgage that’s right for you.
Call us on 01704 808286 to tell us more and we’ll tell you how we can help.