Whole of market mortgage broker
A mortgage broker with access to the entire market can evaluate and analyse every conceivable mortgage option, enabling them to propose the most fitting deal for your specific needs. This in a nutshell, is whole of market mortgage broker. Opting for such a broker has the potential to yield significant cost savings.
In contrast, certain mortgage advisors may restrict their recommendations to mortgages offered by a limited pool of lenders. This constraint significantly narrows down your options, potentially causing you to miss out on more advantageous deals.
Additionally, advisors affiliated with a bank or building society are confined to promoting products within their own range, limiting their ability to inform you about potentially superior options available elsewhere. Embracing the services of a whole-of-market mortgage broker ensures a broader perspective and the possibility of uncovering more favourable deals beyond the scope of a limited lender selection. Choosing such a comprehensive approach could prove not only financially beneficial but also provide you with a more extensive array of mortgage solutions to consider
An insight into whole of market mortgage broker