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Using 2 Mortgage Brokers

Can a person use 2 mortgage brokers at the same time?

The 1st mortgage broker is messing around ignoring phone calls, has had my stuff for about a mo th and so far nothing has appeared on my credit report?
Should anything appear on my credit report when he looks for a mortgage for me?

Will it be possible to go to another mortgage broker cos someone said if you use both at same time you end up getting rejected by everyone and it damages your credit score aswell.

Comments

  • amnblog
    amnblog Posts: 12,771 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    On no account use two mortgage brokers at one.


    That is a good way to mess up your credit file and receive rejections and possible blacklisting.


    Make it clear to the initial broker that you want them to cease work and withdraw your permission to run any credit searches.


    You can then engage a new broker.
    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.
  • gunner786
    gunner786 Posts: 276 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    my 1st broker is taking too long. but hes had my work for bout a month and half now still no mortgage offers. Waiting for bank to send forms.

    is this normal?
  • amnblog
    amnblog Posts: 12,771 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    When you say 'hes had my work for bout a month and half now' what does this actually mean.


    Have you submitted a full application? if so, on what date and to whom?
    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.
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