Does your mortgage advisor need to be local?

Kastanie

I'm currently looking for a mortgage advisor and I wondered whether they need to be in my local area?

I have recommendations from my family, but these are all around 50-60 miles away. I wouldn't have any objection to doing everything by phone, post and email. But I don't know what the drawbacks of doing things this way are, or even if it's possible at all?

Is there any requirement for a mortgage advisor to meet a client face to face?

samtoby

The mortgag advisor we used was in Essex and we are on the Southcoast. All went fine

amnblog

Kastanie wrote: »

I'm currently looking for a mortgage advisor and I wondered whether they need to be in my local area?

I have recommendations from my family, but these are all around 50-60 miles away. I wouldn't have any objection to doing everything by phone, post and email. But I don't know what the drawbacks of doing things this way are, or even if it's possible at all?

Is there any requirement for a mortgage advisor to meet a client face to face?

There is not Kastanie.

We do everything online, no meetings, no paperwork, no fuss.

Choose a face to face broker if it makes you feel better but it is not necessary - our clients get great easy service and we are always available as we are not in meetings.

kingstreet

You don't, but TBH we don't do non-face to face, so we have to be able to see the client at least once. We would avoid a trip if it appeared too long/far/expensive as our fee level is not set for four hour drives.

Senior_Paper_Monitor

This is totally down to how the client feels about the need to actually meet.

We have both local and a national client base - we have some clients in York (we are based between Oxford and Reading) that we have met and some within 5 miles that we haven't.

In practice it doesn't make any real difference unless the client feels 'a need' for the face to face input.