The Business Bulletin
What’s the point of a mortgage broker? Why when the internet provides limitless amounts of information and advice available at your fingertips would anyone still choose to use a mortgage broker? Add in the advent of comparison sites, and surely anyone internet savvy can find their own mortgage.
In many ways, the internet’s biggest
This is where a mortgage broker
What is a mortgage broker?
benefit – its pervasiveness – is also its
comes in. Combining up to date
greatest drawback. With so much
knowledge and experience of the
information out there it’s almost
mortgage market, mortgage brokers
A mortgage broker is a financial
impossible to know which of it is
are the right people to cut through
advisor who specialises in giving
reputable or accurate, and which of
the confusion and find the most
advice about mortgages. Mortgage
it applies to you. This is especially the
appropriate deal for you. We’ll take a
brokers are specifically trained and
case if you’re looking for a specialist
look at the edge a mortgage broker
qualified in giving this advice, and
mortgage either because of your
can give you, as well as discussing what
like all financial advisors in the UK,
personal circumstances or because of
you should look for in a broker and
have to be regulated by the Financial
the peculiarities of the property you
what to ask them before you decide to
Conduct Authority (FCA). A mortgage
want to buy.
give them your business.
broker works on your behalf to
Issue 13 – Finance | 39
