Tag: broker

Top Mortgage Review Service for Homeowners

A mortgage review could save thousands. Lenders are competing strongly with each other to attract new mortgage customers. Many however have not reduced their standard variable rate to existing mortgage customers.

Mortgage Review

Following the increase in inflation analysts are predicting that interest rates could follow. It could be a good time to secure a long term fix rate to protect against these risks.

Contact Best Mortgage Services for the cheapest remortgage rates. Book a free mortgage review and find out how much money you could save. An initial chat could save you a lot of time and money.

Book a free mortgage consultation.

Homeowner mortgage reviews

Best remortgage deals

 

Mortgage Advice. Where to go for the best mortgage deal.

Mortgage advice is essential. Choosing a mortgage is one of the biggest financial decisions you are likely to make. There are thousands of mortgage deals out there, so how do you choose the right one for you? From the many different providers to the extensive range of products and rates available sourcing a mortgage can be very complex.

Mortgage Advice

Lenders and brokers must offer advice by recommending the most suitable mortgage for you. A Mortgage Adviser will assess the level of mortgage repayments you can afford, by taking into account your income unsecured debt repayments and various outgoings.

If you choose your own mortgage without advice it’s called an “execution-only” mortgage application. Getting mortgage advice rather than on an execution-only basis means that, if for some reason the mortgage turns out to be unsuitable for you later on, you’ll have more rights when you make a complaint.

If you don’t take advice you could end up:

  • with the wrong mortgage for your situation, which would be a costly mistake in the long run
  • being rejected by your chosen lender because you didn’t understand the mortgage criteria. Too many credit searches by multiple finance companies can have an adverse affect on your credit rating.

Talk to a mortgage advisor

A mortgage adviser, also known as an independent mortgage broker, is a specialist with in-depth knowledge of the market. They are not restricted to one Bank’s mortgage products.

Mortgage brokers might charge you for their service depending on the product you choose or the value of the mortgage. Others will be free to you but they’ll receive commission from the lender.

They should tell you up front how much you will pay for their services. You should also be told if an adviser is paid commission. Once your broker makes a product recommendation they must give you a mortgage illustration document usually called a KFI – Key features Illustration

All mortgage advisers must offer you advice when recommending the most suitable mortgage for you. This means you are protected and you can complain to the Financial Ombudsman should the advice be unsuitable which results in a financial loss.

using a Mortgage Broker

      • They help you take all the costs and features of the mortgage into account
      • They may have exclusive deals with lenders, not otherwise available
      • They’ check your finances to make sure the mortgage is affordable
      • They should only recommend a mortgage that is suitable for you
      • They will complete the paperwork for you, so your application should be dealt with faster
      • They are regulated by the FCA – Financial Conduct Authority
      • They offer appointments outside of normal working hours for your convenience.

Find the Best Mortgage Deals in Belfast

Belfast Mortgage Adviser

Contact a Belfast Mortgage Advisor for the best advice and service. Partner Advisors with Best Mortgage Services have a wealth of experience in sourcing great mortgage and insurance deals for their clients.

Home and telephone appointments available to suit your schedule.

Benefits of using a Mortgage Broker?

  • They will meet with you at a time that suits your schedule
  • Talk you through the full application process
  • Check affordability and obtain an agreement in principle
  • Process your application and liaise with solicitors and estate agents
  • Ensure you are provided with the best mortgage protection advice
  • Contact you when your mortgage is due for renewal to ensure your interest rate is always competitive. This could save you thousands over the term of the mortgage.
  • Your local Mortgage Broker is just a phone call away to assist with all areas of Financial Planning

Book an appointment with a local Advisor.

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Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt that is secured on it.

Mortgage Advice Belfast

Best Mortgage Services are proud to work with the best Mortgage Brokers in Northern Ireland providing a great service to customers. Not all UK lenders will lend in Northern Ireland and it is important to speak to a mortgage broker who knows the local market inside out.

Mortgage Advisors Belfast

Not all UK lenders offer mortgages in Northern Ireland so local brokers use their expert knowledge to match you to the best mortgage solution. Whether you are buying your first home, a buy to let investment or seeking a better remortgage deal a local broker will ensure that you get the very best deal.

Mortgage Broker Belfast

Your local mortgage broker will do all the paperwork, submit the application to the lender and advise what other documents are required to process the case to a mortgage offer. Once your mortgage completes they will diary it for review in the future to ensure that you continue to get the best mortgage deals. They will also assess your needs regarding mortgage protection protects such as life insurance, critical illness insurance and income protection.

Book a free mortgage consultation.

The information provided on this website is for information and guidance purposes only and does not represent financial advice. Financial advice is provided by our partner advisors who are regulated by the Financial Conduct Authority.