A mortgage is a long-term commitment, and getting it wrong could leave you with many years’ stuck with an unsuitable deal and unnecessary expense.
So, it is likely to make a great deal of sense to seek advice from appropriately trained professionals before making any decisions about the mortgage you need to buy your home. But is it better to get a mortgage from the bank or a broker?Where to seek advice
When thinking about looking for advice on your mortgage application, you are likely to have considered the following options:
Direct-only dealsbefore deciding to seek advice, you might have considered finding a mortgage lender yourself and making an application direct – it costs you nothing to do so, of course; you might be attracted by the fact that some mortgage deals are only available through exclusive direct-only deals that you would not be offered either by a broker; going through the whole mortgage search process yourself…