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Should I interfere?

2»

Comments

  • kingstreet
    kingstreet Posts: 39,312 Forumite
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    I wondered if perhaps the broker had done this on purpose as Natwest changed their rates again on Friday and our product now has a new code with a lower interest rate - I thought maybe the broker might have known this was coming
    In most cases, lenders give us no warning of a change and they certainly don't tell us if the change is positive or negative.
    I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.
  • kingstreet
    kingstreet Posts: 39,312 Forumite
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    Just as an aside, I would be mortified if a client of ours was posting on here asking other brokers what was going on in an application we're managing.

    Our clients know if we are awaiting something from them, something from the lender, or something from a third party.

    Professional pride, I guess...
    I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.
  • amnblog
    amnblog Posts: 12,761 Forumite
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    I'm with you KS.

    Any broker who has not worked out the benefit of keeping borrowers well informed throughout the process is doing themselves, and their clients a disservice.
    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.
  • Fizzy11
    Fizzy11 Posts: 136 Forumite
    Ninth Anniversary 100 Posts
    KS I just work for two brokers & I know how cross they get when clients interfere.

    If you want a Broker then for goodness sake trust them. Would you tell a man you called to fix your washing machine how to fix? I doubt it.
  • Poster in error sorry
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