Direct/via broker - barclay

shared_ownership

Hi

I am current account holder of Barclay bank ( though not my main account). I am interested in shared ownership mortgage. I got quotation from different broker and seems to be everyone offering barclay deal.

I tried to apply over phone for mortgage ( though didn't get AIP) and was refused on base of affordability last week. Now I have found different property which is affordable to me. I spoke to bank manager, explained my situation and he told me to apply directly through them as my case is straightforward.

As a first time buyer, I am very confused,
(1) Should I go to broker ( who is going to offer same deal through barclay) or apply directly with barclay?
(2) Will underwriter have more confidence on broker or with person ( I can show last 5 years of bank statements ,salary slips ,p60's)

PLEASE HELP ME

ACG

If you apply via a broker, they may be able to package the deal to look more appealing to an underwriter.
That being said, they may not be able to. You have also made a previous application, so they will already have the information anyway i would imagine.

If you go via a broker, they will obviously do the chasing and what not for you, but if your not too fussed about that then it probably wont make too much difference.

The only other benefit i can think of, is if you go via a broker your getting an advised sale, so if it turns out to be bad advice you have a little more security but if its clearly the best deal then that security probably wont mean much.