'Independant' mortgage adviser working 'alongside' EA

savvy02_2

Hi all (newbie here!),

I'm quite sure I'm asking a question that I already know the answer to, but I just want to make sure.

OH and I have arranged a couple of viewings for houses this week and next. We are FTB.

First 2 EAs offered us appointments with their mortgage advisers, which we politely declined, as we don't want them to know our max house budget when/if we offer on any of their properties, as we are actively trying to stay well under our max.

3rd EA I spoke to this morning offered an appointment with an 'independant' mortgage adviser, who works 'alongside them', but actually works for the Mortgage Advice Bureau. Is this the same as all EA mortgage advisers, or could they actually be independant?

I'm 99% sure I have found the best mortgage for to us, ie what we would apply for should we offer on any properties, however that 1% of me thinks that if they are truly independant, what could it hurt just to make sure? But obviously don't want to be in a position where EAs could use knowledge of our deposit / max budget, etc, against us should we offer on anything.

Thoughts / opinions greatly received.

savvy

GMS

MAB are a huge chain based in EA. High pressure sales tactics.

Which mortgage have you found?

What loan amount and purchase price?

amnblog

If they know the EA they talk to them.

savvy02_2

Sounds like I should just go with my first thoughts!

Going through Post Office (up to 80% LTV), fixing for 2 years at 3.19% - no arrangement fee (one with an arrangement fee but lower interest worked out more expensive over the 2 years) borrowing 140-145k with deposit of 40k.

We could borrow more than that, but are happy with what we could get for 180-185k (based on what we've looked at so far) and repayments more than manageable, but don't want EAs to be aware that we could borrow more, and push us to pay full asking price on the ones we are ko (up at 190K) or push us to look at others even more in excess of that.