Buying a new house is a really exciting time and one of the most important decisions you will make, there are so many things to sort out, that it can often be overwhelming – especially when trying to secure a mortgage.
There are thousands of mortgages out there with different rates, terms – and from an increasing number of lenders. But how do you know the mortgage deal you go for is the best one for you? That’s when a mortgage broker can help.
How much could you borrow?
Wondering how much you could potentially borrow and how much a mortgage might cost you?*
Use our free interactive mortgage form to tell you.
Our mortgage advisors will then speak to you in more detail for a free, no obligation mortgage quote.
What is a broker?
A mortgage broker is a Financial Conduct Authority (FCA)-regulated professional who specialises in finding mortgages for people. Mortgage brokers don’t work for a specific lender meaning they will only recommend the most suitable mortgage deal based on your individual circumstances.
What does a mortgage broker do?
A mortgage broker scours the market for the most suitable mortgage deal based on your financial situation. They do not work for any lender directly so will approach the most appropriate one based on their market knowledge. They will also deal with lenders on your behalf and make sure you get the best possible rate and that your application runs as smoothly as possible.
Why should I use a mortgage broker?
Mortgage brokers often have access to mortgage deals, which aren’t directly available to the public. They have a deep understanding of the market and know which lenders are most likely to consider your application. Mortgage brokers also remove a lot of the paperwork and hassle of getting a mortgage. Let them do the hard work for you!
What are the benefits of using a mortgage broker?
Mortgage brokers will search the market to find the most suitable mortgage deal on the market for you. Even if you have a less than perfect credit score, for example – and even been refused a mortgage by a high street bank – a broker could still be able to find you a deal.
Using a broker also protects you against filling in paperwork incorrectly, which is actually something that happens often due to the fact that the paperwork involved with buying a house can be quite confusing at times.
Can a mortgage broker help me even if I have bad credit?
Believe it or not, there are mortgage deals available for people with a wide range of financial situations. Even if you have a less than perfect credit score – have missed previous payments or been in a debt management plan – there could still be a deal that works for you. The best thing about using a mortgage broker is that they know which lenders should be able to help – and will only recommend the mortgage that’s best suited for you.
How do I find a mortgage broker?
Here at Clever Mortgages, we have a team of expert mortgage brokers, who will take the time to learn every detail about your situation and find the best deal for you. We work with hundreds of lenders and have access to thousands of different mortgage products and can help people even with the most unusual financial circumstances.
About Clever Mortgages
We specialise in assessing an individual’s situation, and finding the right mortgage solution for them. We can help:
- With remortgages, buy-to-let, and first-time buyers mortgages. We have experts who cover these areas
- Even if you’ve got bad credit – we help people every day with a variety of credit histories to find the right mortgage
- With applications, as we’ll take the hassle away. We require your details once and we’ll know the best lenders for your circumstance
- Our team know the lenders that are most likely to say ‘yes’, and give you the best rates
What should I do next?
- You enquire online with us today or request a call back
Our simple form takes a couple of minutes to fill in, this gets the ball rolling
- One of our experts will give you a call to find out more about your situation
We have experts in remortgaging, who focus solely on helping customers save money
- We do all the hard work for you
We search the market for the trusted lender that’s right for you
- Our expert will get back in touch
We can guide you every step of the way, and we’ll always keep you up-to-date with progress
Speak to a broker
Alison is a specialist mortgage broker who has been working for Clever Mortgages for 9 years helping customers with bad credit and has over 25 years experience within the mortgage and housing market.
Call us on: 0800 197 0504