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Mortgage Company or Broker?
fortgrange
Posts: 42 Forumite
I’ve had an offer excepted on a Grade 2 listed thatched cottage.
I would like a small mortgage (12% LTV) as a safety net in case of any unforeseen issues.
I’m tempted to apply online to one of the usual high street lenders, but due to it being listed, thatched and over 400 years old I’m concerned they’ll run a mile and leave a dirty mark on my credit file.
My head says broker but unless the interest rate is hiked due to the nature of the property, it appears the cost will be similar with both.
I would just prefer the ease of dealing with a company direct.
Thanks for any pointers
I’m tempted to apply online to one of the usual high street lenders, but due to it being listed, thatched and over 400 years old I’m concerned they’ll run a mile and leave a dirty mark on my credit file.
My head says broker but unless the interest rate is hiked due to the nature of the property, it appears the cost will be similar with both.
I would just prefer the ease of dealing with a company direct.
Thanks for any pointers
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Sorry, I think I’ve put this in the wrong place
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