why use a mortgage broker

Getting advice from an unbiased mortgage broker can save you hundreds of pounds! As well as making applying for your mortgage a smoother process.

About Mansfield Mortgages

With a great team around us, we make sure that every customer is at the centre of all we do. We have a combined experience of 63 years in the mortgage and finance industry. With modern practices we work with customers all over the country, word of mouth travels far and wide!

mortgage broker mortgage broker circumstances lender advice circumstances change Market Fee

Getting advice from an unbiased mortgage broker can save you hundreds of pounds! As well as making applying for your mortgage a smoother process.

About Mansfield Mortgages

mortgage broker mortgage broker circumstances lender advice circumstances change Market Fee

Why use a mortgage broker?
Why use a 
mortgage 
broker?
Mortgages are one of the biggest financial commitments most of us 
will ever make, they are complicated and with thousands of products 
available it can be hard to find the right option.
An experienced, professional mortgage broker will help you to get
the most suitable and competitive mortgage for your individual 
circumstances. As well as managing the process to make it easier for 
you.
Whole of 
Market 
advice
Mortgage brokers search for the right mortgage for you, as they are 
not tied to a particular lender this is across the market from all the 
lenders, they also have exclusive access to products which are not 
available to the general public.
They will also offer personal advice tailored to your individual needs.
Qualified & 
REgulated
Brokers have to have professional qualifications to give mortgage 
advice and are regulated by the Financial Conduct Authority.
Fee or fee 
free
Lenders often pay brokers a percentage of the loan amount when
the mortgage completes, this essentially acts as a commission to 
your broker for their service. Some brokers may also charge a fee for 
giving advice or arranging the mortgage, costs can very so you 
would need to check with your broker.
Market 
knowledge
Brokers will take detailed information from your about your 
circumstances and will know which mortgages you will be able to 
access and depending on your circumstances which lenders are more 
likely to accept your application. 
This can help you prevent any breakdown in your property chain.
Specialist 
Needs
If you are self-employed, have a history or bad credit or other issues, 
even those where you are not at fault, getting a mortgage may be 
more complicated. This is where a good mortgage brokers experience 
can help those excluded from the main street market.
process
Not only will your broker help find the right mortgage, they will also 
complete the paperwork helping you to fill out the forms and 
preparing your application so that it can progress first time. They will 
also regularly liaise with the lender and solicitors if required.
What happens 
if my 
circumstances 
change
If you circumstances change your mortgage broker is there to review 
your options, you can always get in touch with them if you plan to 
move or need to re-mortgage. 
Your broker will also get in touch in advance of a mortgage deal 
ending to review your circumstances and see if they can arrange a 
better deal for you.