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Independent Mortgage Advisors

Also known as mortgage brokers, or sometimes financial advisors work separately from any mortgage company, lender or bank to help assist you in finding the right mortgage to suit you. They provide a service to offer independent, impartial mortgage advice, which covers most of the market and is often fee free. 

Why should I use an Independent Mortgage Advisor?

Applying for a mortgage is likely to be the biggest financial decision you will ever make. As it is such a commitment, it is important to get it right. Seeking advice from an independent Mortgage Advisor is a sensible approach to help you ensure that you find the right product for you.

Businesses who offer mortgage advice must be regulated and authorised by the Financial Conduct Authority (FCA).

 What will the mortgage advisor do?

 A Mortgage Advisor utilises their expertise and finds the most suitable mortgage for you based on your circumstances. They can:

  • Help you to work out how much you can afford to spend on a new home
  • Advise which lenders offer the most appropriate mortgage product and are likely to accept your application
  • Provide advice about how you could improve your application
  • Help with the paperwork which can speed up the process
  • Find mortgage products that you may not be able to if searching independently
  • Help you take all the costs and features of the mortgage into account (beyond the interest rate)

Financial protection

Seeking mortgage advice from a regulated company also gives you protection from the Financial Ombudsman Service. Therefore, taking regulated advice, rather than researching your own mortgages, automatically provides you with more rights.

Our Sales Executives can recommend Independent Mortgage Advisors who are familiar with new homes and may have access to special rates, which you may not find yourself.

How you can Be prepared

Buying a property can be a lengthy process; there are ways that you can help. Before attending a meeting with your Mortgage Advisor, make sure you have the required documents they will need. We’ve created this helpful checklist for you to use.

Proof of identify - This could be a current UK/EU passport or current driving licence

Proof of residency - This could be a utility bill/credit card or bank statement which is less than 3 months old

Bank statements/credit card statements from the past 3 months

Payslips/P60 from the past 3 months, if you are employed

Audited accounts/SA302 form from the last 3 years if you are self-employed

Bank details

Current mortgage statement if applicable

Existing mortgage details - Amount, rate, lender, early repayment charges etc.

Proof of deposit

Frequently asked questions