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Mortgage Adviser\Broker Query.

Hi,

I have been mortgage free for about 4 years and in the market for a new mortgage. I am constatnly being advised by the estate agents to use their mortgage advisers as they can get deals that aren't out there. I just wanted to gauge people's experiences on this. or is this best that i use an independent broker.

Many Thanks

Comments

  • Neutrinno
    Neutrinno Posts: 310 Forumite
    Seventh Anniversary 100 Posts Name Dropper Photogenic
    kaizersoze wrote: »
    Hi,

    I have been mortgage free for about 4 years and in the market for a new mortgage. I am constatnly being advised by the estate agents to use their mortgage advisers as they can get deals that aren't out there. I just wanted to gauge people's experiences on this. or is this best that i use an independent broker.

    Many Thanks

    It's a load of nonsense and bias to maximize on the commission the company can make. Seek any broker with a good reputation who is whole of the market.

    Don't let them threaten you either with having to use their own brokers, as this is wrong and illegal.
    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.
  • ACG
    ACG Posts: 24,896 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Most brokers do have access to exclusive/semi exclusive deals. But I would still not use an estate agents broker.
    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.
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