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Mortgage Brokers

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Comments

  • amnblog
    amnblog Posts: 12,764 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Don't deal with them PL
    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.
  • MJP43 wrote: »
    Hi

    Is it Burchell Edwards by any chance ?

    No it's not - it's a multi-chain one in our area though!
  • amnblog wrote: »
    Don't deal with them PL

    This was my thought upon reflection - they haven't emailed to confirm the appointment or viewings as yet; there is another agent promoting the property we are most interested in, would it be worth viewing through them do you think?

    The only other issue is there are a couple of other properties we are interested in that are only being advertised through this EA... What's the solution to this other than write them off?!
  • amnblog
    amnblog Posts: 12,764 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    PinkLady25 wrote: »
    What's the solution to this other than write them off?!


    Go round there and tell the owner you are interested but wont deal with xxxxxx
    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.
  • OneEngland wrote: »
    If you're an App person, you may want to download Barclays Homeowner App. You will find an option to 'Find a mortgage specialist' which will bring up a list of brokers nearby. Its not a guarantee the broker will be the best but it will at least give you a list of brokers to approach.

    Thanks OneEngland - I'll have a look into that this evening :)
  • I do not work in or with any Estate Agents but its a little unfair to tar in branch brokers with the same brush.

    No harm in speaking to the broker, lead them on a little bit and play their game. Just don't authorise them to do a AIP/DIP unless you are happy. The benefit of at least speaking to the EA's broker will be that the EA will then likely put you ahead of other buyers. Make it clear to the broker that you are not authorising them to share any of your personal information with the EA staff.
    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.
  • Dave_Ham
    Dave_Ham Posts: 6,045 Forumite
    Tenth Anniversary Combo Breaker
    OneEngland wrote: »
    I do not work in or with any Estate Agents but its a little unfair to tar in branch brokers with the same brush.

    No harm in speaking to the broker, lead them on a little bit and play their game. Just don't authorise them to do a AIP/DIP unless you are happy. The benefit of at least speaking to the EA's broker will be that the EA will then likely put you ahead of other buyers. Make it clear to the broker that you are not authorising them to share any of your personal information with the EA staff.

    This is naive, it is how the work/industry should work but it absolutely does not.

    This forum and others are littered with poor practice and inexperienced estate agents mortgage advisors.

    Engage neutral, independent advice
    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.
  • Thanks both - unfortunately having experienced 4 different EA's in our area, I have to say I am with Dave Ham from what we've experienced; how things should work/operate in theory tends to be sorely lacking in reality.

    Obviously not tarring every EA with the same brush, but 4 out of 4 have been economical with the truth on more than one occasion!
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