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Have I made a mistake going through a broker
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biscan25 said:The whole broker involvement confuses me. They don't have access to all open market rates, yet they have better exclusive deals for some lenders. I guess you kind of have to use both. See what they can get you, then use a comparison site, or the other way around.
when our initial deal was due to end jan next year but a few months ago i was nervous about what was happening to interest rates so we went back to him. he went through what he could access but also looked at the open market and in the end advised us we would be better applying directly with our lender for a rate switch. he told us what to ask for and even talked me through some stupid questions about early redemptions. he only charged us the advice fee (less than 100 quid if i remember right) and we've put in our calendar to contact him again in 5 years when this new term is coming to an end.
but your milage may vary because its about how confident you are to do things yourself and if the service/reasurance is worth it to you. and i guess if you find a good broker!Almost everything will work again if you unplug it for a few minutes, including you. Anne Lamott
It's amazing how those with a can-do attitude and willingness to 'pitch in and work' get all the luck, isn't it?
Please consider buying some pet food and giving it to your local food bank collection or animal charity. Animals aren't to blame for the cost of living crisis.0
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