A mortgage is probably the single biggest financial commitment most people make in their whole lives. This is why it is important that you get the right mortgage and not just the cheapest or most convenient deal. Our post for mortgage brokers Wirral aims to give you some quick advice on how to pick a local mortgage broker.
the rest of our website is all about helping you answer the questions that you may have before contacting a professional adviser who will be able to assist you further.
Wirral Mortgage Brokers
There are lots to choose from! Ideally your local mortgage broker will form a business relationship with you for years to come and be able to advise you on new products as the arise that will be of benefit to you – this is particular true if you are the buy to let market but it also applies to everybody else too because life’s circumstances change and so do your requirements.
Fee or Commission?
an important consideration you should ask your Wirral broker is if they charge a fee or a commission for their services. There are hybrid versions of this where sometime a provider may offer a free service and only charge if your mortgage is over a certain amount, clarify the stance of your local company before proceeding.
First Time Buyers
It’s a big market for first time buyers and you may be tempted to use an online comparison site but you would be missing out on the expertise of an experienced broker who has access to lenders and mortgage products not found elsewhere.
Buy to Let Mortgages
Investing in property is a business and a good broker will be there for years to come advising you on the best products that can save you money.
Whatever your reason for taking a new mortgage whether you are looking for a cheaper mortgage or looking to release equity by using the services of a seasoned professional you will be sure to get a mortgage product that is right for you.
Home Mover Mortgages
People on the housing chain can benefit from a mortgage broker by having access to the whole of the market for products. Your adviser will be able to find the best one for your circumstances.
Good communication – being there for you when you need to know what is going on and being able to talk to you in a straight forward manner is key to a good brokerage service.
Professional and Friendly – your service provider should always act professionally but it is also very helpful if you actually get on too especially if you plan to use their services again for future mortgage research!
People ask these questions:
Should I choose a local broker or use a national service?
It’s really up to you, some people prefer a face to face meeting while others prefer phone and email. The services arguably is the same but some business is best performed when you can see the whites of their eyes so to speak.
I have bad credit, can I still get a mortgage?
Yes, there are mortgage products out there that a good broker with full market access can find for you. Here’s a post about it “how to get a mortgage with bad credit“.
I’m confused about mortgages, are there lots of different types?
Yes there are mortgage products to suit most people’s circumstances, these days it goes far beyond a simple capital repayment or interest only loan. Here’s our post about it “what are the different types of mortgages?”
Our website has more information for the many questions that you may have please feel free to browse.
Here are some locations covered by local mortgage brokers Wirral services for the latest news and government information please see here:
- New Brighton
- New Ferry
- Port Sunlight
- Raby Mere
- Rock Ferry
- Saughall Massie
- Thornton Hough
- Wallasey Village
- West Kirby
We are committed to providing the best information possible for our readers. If you would like to explore opportunities in Wirral further please see the local Wirral Chamber of Commerce page here.