Amy Kadir, Mortgage Broker, Lonsdale Mortgages, St Albans reviews the benefits of using an independent mortgage broker.
Using an independent mortgage broker instead of going direct to a lender may save you time, but more importantly allows you to compare a much larger number of products and lenders. You will also benefit from the advice of a fully qualified independent mortgage broker.
An independent mortgage broker will have access to more mortgage loans than mortgage brokers who can only pick products from a selected panel of lenders. Independent mortgage brokers will look for the best deal for you and give you unbiased advice.
Amy Kadir, Mortgage Broker with the Lonsdale Mortgages broking team in St Albans said:
“Using an independent mortgage broker such as Lonsdale Mortgages, St Albans means you are not restricted to a single lender as we have access to a whole range of different lenders' products, so we can find one that suits you As an independent mortgage broker, we have a duty of care to you and will recommend the most suitable mortgage for your circumstances. We are qualified to give mortgage advice as we have passed the Certificate in Mortgage Advice and Practice (CeMAP) qualification. We also know what costs and additional fees each lender charges, and we understand the mortgage process for each lender as we complete different lenders' application forms.”