Recommend me a full market broker

Farside

I'm looking for some recommendations on all of the market brokers, anyone who's used one successfully please can you tell me their MSE names or their website so i can read up on them.

Thanks :beer:

Yorkie1

Do you now have the 20% deposit you were planning on obtaining?

https://forums.moneysavingexpert.com/discussion/4460515=
https://forums.moneysavingexpert.com/discussion/4463247

Farside

No but i have approx 12%, well just over 12% (house is much more expensive then the last one i was looking at), So i think a broker can help me now.

kingstreet

Whole market brokers source from products which pay them commission. If you appoint a broker on an independent basis, you pay a fee and any commission is rebated to you to offset the fee and direct to lender products can be sourced and recommended, but you would have to arrange the mortgage directly with the lender.

Assuming you decide to go the whole market route, look at direct-only lenders/products yourself, so you get a view of everything open to you.

maisie1234

I used Which? Mortgage a few months ago. Really really good. Was using London and Country and dealing with a very aggressive lady advisor and had to tell her in the end to stop bossing me around!

Farside

kingstreet wrote: »

Whole market brokers source from products which pay them commission. If you appoint a broker on an independent basis, you pay a fee and any commission is rebated to you to offset the fee and direct to lender products can be sourced and recommended, but you would have to arrange the mortgage directly with the lender.

Assuming you decide to go the whole market route, look at direct-only lenders/products yourself, so you get a view of everything open to you.

Does the whole market broker help with arranging the mortgage then?

Farside

maisie1234 wrote: »

I used Which? Mortgage a few months ago. Really really good. Was using London and Country and dealing with a very aggressive lady advisor and had to tell her in the end to stop bossing me around!

Ok thanks i'll read up on Which mortgage, thanks :beer:

kingstreet

Farside wrote: »

Does the whole market broker help with arranging the mortgage then?

Yes. The service is usually "advice and arrangement" which means once your circumstances have been established, the broker will find the best product and lender for your circumstances and complete the submission, obtain necessary documentation and look after everything until completion takes place.

Farside

kingstreet wrote: »

Yes. The service is usually "advice and arrangement" which means once your circumstances have been established, the broker will find the best product and lender for your circumstances and complete the submission, obtain necessary documentation and look after everything until completion takes place.

Great, that's exactly what i need, thanks