Mortgage Broker Northallerton
Mortgage & Protection Adviser
How did you get into the role?
I worked within the financial services sector for 8 years, for companies such as NatWest and HSBC. I loved helping people with their financial needs, especially helping them find their dream home. When the opportunity arrived to join CS Mortgage Solutions, I jumped at the chance to do what I love as a full-time career.
What do you love most about what you do?
Helping someone find their dream home, the look on their face when they get the keys is the most special feeling ever, we quite literally change lives daily.
How do you describe your job to your family and friends?
I help people enjoy buying their home, without all the added stress this usually involves.
What ‘powers’ you through the day?
I love to be kept busy, and if I am not dealing with a client, my two young daughters certainly keep me busy.
If you weren’t a mortgage adviser, what job would you love to do?
I would love to say footballer, however I feel that ship has certainly sailed now. I enjoy motorsport and would likely go somewhere down that route.
What’s an ideal weekend for you?
Spending time with my wife and two little girls, there is nothing better…. Unless the football or rugby is on, in which case my attention is drawn to that.
The one tune that motivates you?
I have taken my taste of music from my dad, much to my wife’s disgust. For me there is nothing better than putting some Phil Collins on.
What does a Mortgage Broker do?
Mortgage Brokers provide a wide-ranging and invaluable service to mortgage applicants. Anyone who’s looking to buy a property, whether that be a First Time Buyer, experienced homeowner or a property investor looking for a competitive Buy to Let mortgage, can benefit from using a Mortgage Broker.
The Mortgage industry is a vast and constantly changing market, with a huge amount of lenders and even more mortgage products available. Mortgage Brokers maintain a comprehensive knowledge of the range of UK mortgage products available and their various criterias, allowing them to help you find the most suitable product for your needs, without the need for you to trawl through hundreds of different options.
Finding the right mortgage lender or deal for your individual circumstances is not only important in terms of accessing competitive mortgage rates available, if you have more complex personal circumstances, it can also be essential in securing an offer.
If you work in certain industries or have debt issues, there will be mortgage lenders who are more suited to you. Whilst those easily accessible high street lenders and banks will not necessarily be able to help people with more complex applications, Mortgage Advisers have access to lenders who are tailored to a wide variety of circumstances.
What are the benefits of using a mortgage broker?
There are, of course, a range of mortgage calculators available online, and many people wonder what the benefits of using a Mortgage Broker are beyond finding competitive interest rates.
The truth is, Mortgage Brokers offer much more value, often taking on much of the administrative burden and communications between solicitors, conveyancers and estate agents on your behalf. They can also explain the full process to you, ensuring you understand the difference between a fixed-rate deal and a variable one.
For most people, a house purchase is the largest investment that they will ever make, so having the comfort of full support of a knowledgeable professional who is regulated by the Financial Conduct Authority will put your mind at ease that your investment is safe.
Another common misconception is that you will get the best mortgage deal by approaching your own bank. Unfortunately, whilst you may find this the most comfortable option, it is rarely the most financially beneficial, as you are limited to the small range of mortgage products that they have available.
It’s also important to realise that, as the lender, they are unable to offer you an impartial opinion on whether their range of products is most suited to your needs. A Mortgage Broker, on the other hand, has nothing to gain from recommending one mortgage product over another, meaning that they can give you a truly professional recommendation of which mortgage product will be most appropriate for you, in the long-term.
What services are offered by a mortgage broker?
Mortgage Brokers can offer mortgage advice and guidance in the following areas:
- First Time Buyers – including agreement in principles
- Self-employed applicants – including joint application with mixed job types
- Home Movers
- Buy to Let options for independent landlords and portfolio property investors
- Life insurance and property protection policies
They also often provide an important role in coordinating communications between the various parties involved in your application, from solicitors and conveyancers, through to the estate agent and lender, ensuring that you are well-informed along the way. They can deal with any issues as and when they arise, to ensure a quick turnaround and smooth transition into your new home.
What are the benefits of using a local broker?
If you’re looking to buy in the Northallerton area, don’t underestimate the benefits of using a local Mortgage Broker. Here at CS Mortgage Solutions, we have the benefit of local knowledge, such as house prices, build quality, type of properties around the area and what your surveyor might find.
We are aware of potential local non-standard construction issues that may arise and any local authority expansion plans that could affect your decision to purchase. Our relationship with local solicitors, surveyors and estate agents, can also help communications and therefore, your mortgage application to proceed more smoothly.
We are easily accessible for queries and can reduce your administrative burden, providing regular updates on your application’s progress. We’re rated as one of the country’s top ten Mortgage Brokers on Trustpilot and have extensive knowledge in Northallerton, so why consider anyone else for your property needs.