Finding the Right Independent Mortgage Broker

Choosing the right independent mortgage broker could save you many thousands of pounds over the full mortgage term.

It is worth taking care over your choice. Here are some questions that you can ask that will help you find the right independent mortgage broker:

Are you able to advise me on the mortgage product that are available from all of the UK mortgage lenders? If not, how many mortgage lenders do you have access to?
Are you an independent financial adviser / mortgage broker or an appointed representative of just one life assurance company?

There are over 50 UK life assurance companies.

Do you have access to mortgage sourcing software that will give up-to-date advice on the latest schemes that are available and help you assess which is the best one for me?
How many different lenders did you deal with last year?

The answer should be at least a dozen.

How long have you been a financial adviser / mortage broker / independent mortgage broker?
Approximately how many mortgages did you arrange last year?

A good independent mortgage broker will be happy to spend half an hour with you describing their service without charge and without obligation. Those who are not are not worth dealing with.