Mortgage Broker Kendal – The Local Touch
Congratulations! You’ve decided that you are ready to purchase a home and are about to embark on a journey to find the house of your dreams, as well as the best mortgage to help get you through your new front door.
While going to your bank for a mortgage is a popular choice for many, a mortgage broker is another option that shouldn’t be forgotten about. We are here to help you in Kendal and the surrounding areas to advise, and guide you through the complicated process from beginning to end.
What does a mortgage broker do?
A mortgage broker can take the hassle, stress, and time out of the shopping process to find the right mortgage loan, serving as a middleman between you the borrower and the lender. The broker handles the process of securing the loan and will guide you through the whole buying process, providing guidance and expert advice. Not only that, but a mortgage broker will also gather all of the paperwork involved, which is often a relentless and time-consuming process, making your life easier.
Benefits of using a mortgage broker
There are many advantages to working with a mortgage broker to guide you through the home buying process, including opening you up to a broader choice of lenders, some of who you may never have even heard of. Brokers know which lenders specialise in certain areas narrowing down your search time. They also know how lenders structure their mortgage offers, which assist by understanding the fees and clauses, meaning they can gain access to the range of mortgages most suitable to your personal circumstances.
Other benefits include:
- A personalised service
- Flexibility and expertise
- Saves you time and money
- Can find you the most suitable deal
- Access to various loan products from a range of lenders
What services are offered by a mortgage broker?
Mortgage brokers can offer a range of services, including:
- First Time Buyer (FTB) mortgage advice
- Remortgaging services
- Self Employed mortgage advice
- Advice on Protection Policies including Mortgage Protection Insurance
What are the benefits of using a local broker?
Using a local broker’s services works to your advantage, thanks to their knowledge of the local housing market. Knowing the area you want to live in will give them a good concept on any local risks. This ensures that you get a tailored and more personal service meaning that you get more value for your money. They also have a better understanding of local estate agents and solicitors, so you are gaining the benefit of their knowledge and relationships.