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Looking for a reputable mortgage broker
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Property is valued at £185,000 and we are after £120,000 over 10 years.Nil Satis Nisi Optimum
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It looks like I will follow that adviceWhat did the adviser from MB1 say about fees? they are required to disclose how they are remunerated as part of any initial disclosure.
He stated he was salaried and didn't receive commission.
The stuff they have put about the FCA wishing "mortgage advisors to actively take responsibility for the management of a client’s mortgage until it is repaid rather than just arranging a one off mortgage and abdicating future responsibility." is just rubbish.
I would follow the advice from the people above and keep clear of them.Nil Satis Nisi Optimum
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You are between high charging brokers and a fee free service. You need to get good service and decent value. Potential for nether with the 2 brokers you have engaged.[/QUOTE]
How come MSE champions L&C if they are hit and miss?Nil Satis Nisi Optimum
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Because they can handle the volume generated. There may also be commercial incentives.
There are plenty of threads oh here about poor service although to be fair people tend to complain more than praise.I am a Mortgage AdviserYou 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.0 -
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.0
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The next thing you will be saying this whole site is a commercial enterprise Mark!
It's not like it is Moneysupermarket.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.0 -
The next thing you will be saying this whole site is a commercial enterprise Mark!
It's not like it is Moneysupermarket.
Martin Lewis' £87m had to come from somewhere, didn't it?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.0 -
..and I thought he'd found an angle on WTC.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.0 -
Mortgage_Mark wrote: »
Martin Lewis' £87m had to come from somewhere, didn't it?
Sure did, from MoneySupermarket, who just happened to be sell the OP mortgage enquiry to 1.95% fee broker!
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