What are Independent Mortgage Advisers?

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02nd August 2018

If the title isn’t a dead giveaway, we’ll be talking about Independent Mortgage Advisers in this blog… Yes, we’ll be breaking down everything that you need to know about these people. How they are, why they’re beneficial for you and, well, that’s it… (to be honest, that’s all you need to know, so…)

We’re back with another Zing blog to help you on your mortgage journey. If you want to learn everything you need to know about independent mortgage advisers, you’re in the right place.

Who are they?

Independent Mortgage Advisers can be a Gary, Sarah, Tim – pretty much anyone! As for what they are, that comes in the next sentence. Well, as the name suggests, they are mortgage advisers who are independent – they don’t work for a broker, bank or other lender. They’ll be able to advise and assist you in finding the right mortgage for you.

However, it’s not a charity service. Independent Mortgage Advisers will charge you for their time and assistance, but the benefit is having impartial and unbiased information on your mortgage options provided to you. If you’re on the fence, we have 3 reasons you should use an independent mortgage adviser when finding your mortgage…

Independent Mortgage Advisers

1. They’re impartial

By not working for a bank, broker or lender, your independent mortgage adviser can provide you with the best impartial and unbiased information. Where a bank or other lender might try and sell, sell, sell you a mortgage, and independent mortgage adviser’s sole purpose is to present you with all your options. They’ll be able to tell you what kind of mortgage will work for you, as well as weighing up various circumstances like your income, deposit and more. It’s so handy to have someone who is there to just help you, instead of worrying about making a sale.

2. They know the right people

Independent mortgage advisers have contacts within the finance industry, that you may not know about… It’s not as dodgy as it sounds promise! Basically, an independent mortgage adviser will be able to access a pool of mortgage lenders that you may not be able to find if you’re searching on your own. It allows you to literally have access to every option available to you, even the ones you didn’t know about before. So, if you want to know all the best deals, get yourself an independent mortgage adviser.

3. They’re trained and qualified pros

When it comes to getting a mortgage, you may not be too sure about the process. If you use an independent mortgage adviser, then not only will they be able to assist you in finding the best deal, but they can help you understand the process a little better. Of course, you can always scroll through all of our Blogs to find out everything you need to know about mortgages. If you want impartial and fair advice, use an independent mortgage adviser (the name is a giveaway… they advise).

For unbiased, knowledgeable and all your mortgage options, use an adviser. They’ll be able to find the best deal for you, from mortgages you can’t find on your own. They’re not linked to lenders or banks, so don’t worry about the ‘pushy sales’ approach – they’re there to lay out your options for you and advise you to the best course.

Once you think you’ve got all your mortgage options, get one more. Contact the Zing team to see what we can offer you – it can’t hurt to do one more check.

Your home may be repossessed if you do not keep up repayments on your mortgage.