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Should I use Mortgage Advisor or Mortgage Broker?

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  • ACG
    ACG Posts: 24,587 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    I would probably leave it until May/June time once you know what is happening with your partners job.
    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.
  • lauren_hb
    lauren_hb Posts: 87 Forumite
    ACG wrote: »
    I would probably leave it until May/June time once you know what is happening with your partners job.
    His probationary period finishes in June so thought around that time may make sense. It's a fixed term contract which is the complication so didn't know whether seeking advice sooner would be useful.
  • amnblog
    amnblog Posts: 12,730 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    One thing I would keep in mind when looking for a broker is if they seem rushed, talk too quickly or have limited time for you on the phone. It may indicate that they have a lot of other cases on the go and customer service may be affected.

    Brokers with lots of business on the go are the good ones - by definition.
    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.
  • To the OP, I'm also in the Armed Forces and going through the process of buying my first place. A good broker makes the world of difference.

    Are you using the Forces Help to Buy? If you are make sure whoever you pick is aware of this and is familiar with it. As far as the application goes everything can be done by email/phone. I had an initial meeting with mine to discuss options and then I had to sign the paperwork not long ago.

    Did do a lot of travelling back and forth for the actual house hunting part though :)
    The financial wealth building journey.

    Busting this debt before 40. Started in August 2024 with debt = £19,966. August 1st 2025 debt = £0 and busted!
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  • Not using forces help to buy, have made initial contact with a broker and they seem to be very helpful and have the feedback to back up there work. Thanks all.
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