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why would you use an IFA to get a mortgage?

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Comments

  • Dave_Ham
    Dave_Ham Posts: 6,045 Forumite
    Tenth Anniversary Combo Breaker
    Currently this is the case on some of the lower loan to values, although lets not forget you pay your broker for advice and not to put your information on the computer and hope it says yes.
    I am a Mortgage Broker
    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • deprivedofsleep
    deprivedofsleep Posts: 34 Forumite
    Dave_Ham wrote: »
    See you back on thread when HSBC/First Direct decline your case...!

    Said in jest, but appreciate the sentiment...

    hah! thanks! I hope you're not right, but knowing my luck...

    Anyway, very much appreciate everyone's input and thoughts on this!
  • deprivedofsleep
    deprivedofsleep Posts: 34 Forumite
    betmunch wrote: »

    Why is it you are so keen not to get professional help?

    I think it's because I'm stubborn which I know isn't a good thing, but I always feel like if I haven't tried my best to find a deal that we would both consider worth thinking about then I feel like I've failed or regret not looking!
  • Dave_Ham
    Dave_Ham Posts: 6,045 Forumite
    Tenth Anniversary Combo Breaker
    Let hope hubbie never gets a problem with his wisdom teeth...!
    I am a Mortgage Broker
    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • deprivedofsleep
    deprivedofsleep Posts: 34 Forumite
    muahahaaa! I think we'll end up doing what you suggested which is to do both and winner takes control of tv for a while -up to my eyeballs in footie, rugby and f1!
  • betmunch
    betmunch Posts: 3,126 Forumite
    deprivedofsleep wrote: »
    muahahaaa! I think we'll end up doing what you suggested which is to do both and winner takes control of tv for a while -up to my eyeballs in footie, rugby and f1!

    Loser buys a second TV and shells out for Sky multi room?
    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.
  • deprivedofsleep
    deprivedofsleep Posts: 34 Forumite
    betmunch wrote: »
    Loser buys a second TV and shells out for Sky multi room?

    hmmmmmm... i'd settle for the control. i'm the poorer one out of us two for now!
  • kingstreet
    kingstreet Posts: 39,256 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    leveller2911 wrote: »
    If I was a mortgage advisor whats to stop me from showing the customer a product that makes me £600 but not showing them the same deal that only makes me £300?
    For a standard "high street" proposition, there's very little difference between what each lender pays. I've just had a look at the sheet for the first time in months and this is what I found;-

    Abbey 0.35%, Accord 0.35%, Coventry 0.34%, Halifax 0.31%, ING 0.35%, Hanley 0.35%, Leek 0.35%, Leeds 0.37%, Nationwide 0.35%, NatWest 0.32%, Newcastle 0.35%, Woolwich 0.35%.

    On a £100k mortgage, the difference between lowest (Halifax) and highest Leeds (0.37%) would be £60. My last two cases were place with Halifax and NatWest.
    I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.
  • Wutang_2
    Wutang_2 Posts: 2,513 Forumite
    deprivedofsleep wrote: »
    what is so fantastical about a frikkin IFA?!

    a. They speak English.

    b. They can be very useful for sourcing appropriate mortgages.
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
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