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Mortgage Broker
lisael76
Posts: 11 Forumite
Hi there
Can anyone advise on this one please
I have taken out right to buy mortgage with a broker as my credit rating is tarnished. The mortgage is almost complete (about a week to go) but since reading on here, I realised I should have gone with a broker who deals with whole of the market although this broker does deal with a couple of household names like first national and also they will lend me the amount I need being £68,000.
I have tried other brokers as well for quotes but their charges were quite high
I know the banks wont accept me as have tried because of my credit history but what I want to know is can I change my broker when my fixed rate ends after 2 yrs if they cant try a high street bank for me?
Thanks
Can anyone advise on this one please
I have taken out right to buy mortgage with a broker as my credit rating is tarnished. The mortgage is almost complete (about a week to go) but since reading on here, I realised I should have gone with a broker who deals with whole of the market although this broker does deal with a couple of household names like first national and also they will lend me the amount I need being £68,000.
I have tried other brokers as well for quotes but their charges were quite high
I know the banks wont accept me as have tried because of my credit history but what I want to know is can I change my broker when my fixed rate ends after 2 yrs if they cant try a high street bank for me?
Thanks
0
Comments
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yes, there is no obligation to stay with the same broker, unless you've signed some sort of contract that you would, but that would be highly unlikely.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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