Mortgage Broker Advice

d_usm

I am hoping to buy a flat in the next few weeks and the type of properties I have been looking at are ex-LA places in high rise buildings. I have been told time and time again that the only lending source for these types of properties is HSBC.

With that in mind I rang HSBC and got an agreement in principle for a mortgage on this type of property. In these circumstances do you think it is still necessary to seek advice from a Mortage Broker as Martin advises or just look through the portfolio of mortages that HSBC offer and choose between them.

Many thanks for any advice.

David

LisaT186

Not the only lending source, although they are more difficult to place. Still worth having a chat with a broker as some of the other lenders that will consider these properties only have products available through brokers and not direct to the public.

Leon_W

One thing you can do is ring the local branch of Countrywide Surveyors or Colleys.

Many mortgage lenders use either of these companies to carry out valuations on their behalf so it is likely that they would know which mortgage companies will accept the type of flat you are proposing to buy.

mhay_3

post some details of the potential mortgage i.e loan amount, value, your income, type of property etc and i'll have a look for you. what deal have the hsbc quoted you?