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Becoming a broker
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Wait until your experience the joy of the lender's websites!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 -
Woolwich being a personal favourite.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
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Just about to pop in there and spend 30 minutes doing a two minute job as it happens!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 -
Ive got a case lined up for them which im dreading. It fits criteria but I know by the end of it I will have a slightly bigger fod a little less hair.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
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They just told me my single client on £75,500 a year with no debt cannot afford to borrow £274,400.
[presumably they won't be factoring in her £6,500 car allowance, or her £5,000 annual bonus - as she only gets that once a year]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 -
£29k safe employment... you could probably half that as a self employed mortgage adviser in early period unless you have lots of clients to do going forward and can keep that momentum going.
I am not going to be a downer on purpose but around half of all new advisers leave the industry within 2 years as they cant succeed. Most in debt and most common reason is insufficient clients.
Think very carefully how you would get your clients. How much you would need to earn and now much that equates per client.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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