Mortgage Advisers in Frome

Frome Mortgage Advisers

Do you need a Mortgage Adviser in the Frome area?

Securing a mortgage is a crucial element of buying a property.

While you can arrange a mortgage yourself, many buyers prefer to seek the assistance of a mortgage adviser. These experts take care of the hard work by searching for the best mortgage rates and outlining the benefits and drawbacks of each option. After you select a mortgage offer, they will handle the paperwork and submit it to the lender on your behalf.

Why use a Mortgage Adviser?

• Independent mortgage advisers possess extensive knowledge of the mortgage products offered by various lenders.
• When you seek advice from a regulated mortgage adviser, you have more protections compared to choosing a mortgage product on your own.
• If you are self-employed or have unique circumstances, a mortgage adviser can identify which lenders are best suited to your specific needs and are most likely to accept your application.
• Using a mortgage adviser can save you a considerable amount of time and effort, ensuring you secure the right mortgage deal for your needs.
• Given that most mortgage terms range from 2 to 5 years, selecting the wrong mortgage can be costly in the long run.

How much does a Mortgage Adviser cost?

Mortgage advisers will either work for a fixed fee, or get paid on a commission basis. This means they get paid by the lender once the mortgage is approved. On occasions, this commission is added to your mortgage so you will not be required to pay the money upfront.

In some circumstances, the adviser’s commission will be paid by the lender and you won’t be charged for their time. Before instructing an adviser, make sure you check how they will be paid. You may need to factor in their cost into your overall budget.

Why use a House Nous recommended Frome Mortgage Adviser

• Trusted Partners
  Every mortgage adviser partnered with House Nous is authorised and regulated by the Financial Conduct Authority, ensuring reliability and compliance.
• Competitive Pricing
  You'll receive quotes from at least three different mortgage advisers, enabling you to compare prices and find the help you need.
• Proven Quality
  Our mortgage advisers are experts known for consistently providing exceptional service and achieving excellent results.
• Local Expertise
  A thorough understanding of the local property market can help an adviser find the right mortgage. Face to face meetings and being able to drop off and collect documentation are other advantages of using a local mortgage adviser.