Best "Whole of Market" Mortgage Broker?

Tazer1

Hi All,

I will be applying for a "First Time Buyer" Mortgage in the next week or so.

My offer for the property has been accepted and I have about a 25% deposit.

I'm looking for a reputable "Whole of Market" Mortgage Broker who can assist getting me a mortgage.

Which "Whole of Market" Broker would you recommend?

I am looking at possibly: London & Country, Charcoal or Countrywide. Any advice on any of these brokers?

Or shall I go with a small local "Whole of Market" broker?

Any info/advice would be appreciated.

Thanks.

ACG

Your looking at big name firms rather than reputable (not that I am saying they are not reputable).
Speaking purely from a personal perspective, I would not touch countrywide with a bargepole. Neither their mortgage advisors not their solicitors.

London & Country get mixed reviews on here, some rate them others do not.

Charcoal, I have never used and do not see much feedback on here.

Can friends or family not recommend anyone?

dunstonh

I'm looking for a reputable "Whole of Market" Mortgage Broker who can assist getting me a mortgage.

Which "Whole of Market" Broker would you recommend?

Which will be most of the small local firms.

I am looking at possibly: London & Country, Charcoal or Countrywide. Any advice on any of these brokers?

They certainly wouldnt fit what you are after. If you like a factory line process then one of those is ok. Another has a reallyt poor reputation.

henm2

Until recently the likes of TSB and HSBC would not deal with brokers. TSB now use London & Country and HSBC now also deals with Countrywide. The brokers will get you a wide range of deals from most of the market but often it pays to get some quotes directly from some banks, building societies.

ACG

TSB deal with more than just L&C, we recently gained access to them also.

kingstreet

Countrywide whole market?

Only if their limited panel lenders can't/won'd lend, AFAIK.

charliewocka

We had awful experience with Countrywide, so much so that we decided to leave and change broker mid-process who did more for us in four days than Countrywide did in two months. Not getting a recommendation form me unfortunately.

Wh05apk

Really depends what you want, particularly as a first time buyer, I would want to sit down face to face with someone and spend some time, to make sure I fully understood the process, and what is available. L&C and Charcol are as far as I know phone only, to me a mortgage is far too important just to do by phone.


As ACG says the best thing you can do is get a recommendation from friends or family.

Mortgage_Mark_2

ACG wrote: »

TSB deal with more than just L&C, we recently gained access to them also.

Correct - we've used them for a number of months.

kingstreet

Nobody come out and said, "me!"

It must be due to the ten character rule. Ruins the impact of the joke really.

csgohan4

Take your pick really, just avoid EA services full stop. I got my Mortgae broker on here and it took him 11 days to get an offer, which is pretty good considering I was self employed.