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MSE News: Which? offers free mortgage advice to members

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Comments

  • GMS
    GMS Posts: 5,388 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    £9.75 per month to become a Which? member.

    Assuming they advise on a 2 year fixed mortgage this is a cost for 'free' advice of £234. For a 5 year fixed, by the time the deal expires the cost would be £585.

    Obviousy there are other benefits to a Which? membership but I think the 'free' advice strapline is misleading.

    There is a cost to be a member.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Joe_Bloggs
    Joe_Bloggs Posts: 4,535 Forumite
    There is certainly a cost and there may be benefits. Who is to judge the how and why and whether it is worth it ? My view is that I choose to be ignorant and ill informed as I wouldn't understand their recommendations never mind the original supposition as it related to the case in question .

    Which still holds super-complainant status so they have the ear of the OFT. Perhaps their should be a sub-super-complainant level of a super-whinge body where concerned organizations can gripe about things.

    J_B.
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