What is a Mortgage Broker? A mortgage broker serves as a middleman between you, the borrower, and potential lenders. They are experts in the mortgage industry with access to a broad range of mortgage products from various lending institutions. Mortgage brokers work on your behalf to find the most suitable mortgage option based on your […]
Blog
How To Find Your Ideal Mortgage Broker In The UK
How Much Do Mortgage Brokers Earn In The UK?
How Are Mortgage Brokers Paid? Mortgage brokers in the UK are compensated in a couple of ways: Commission from Lenders The most common form of payment for brokers is through a commission from the lender, known as a procuration fee. This is about 0.35% of the loan size. For instance, on a £100,000 mortgage, the […]
What Do Mortgage Brokers Really Do?
What are Mortgage Brokers? Mortgage brokers are licensed professionals who act as a bridge between you and lenders. They look at your financial situation and then find lenders who can offer you the right mortgage deals. In simple terms, they do the hard searching for you, so you don’t have to. These brokers have gained […]
10 Benefits Of Using A Mortgage Broker
Do I Need a Mortgage Advisor? Getting a mortgage is a big decision. Working with a mortgage advisor makes the process easier. Here’s how they can help: In short, a mortgage advisor offers invaluable expertise and support tailored to your needs. Their guidance simplifies the mortgage process and leads to informed, confident borrowing decisions. Here […]
An In-Depth Guide To Secured and Unsecured Bridging Loans
If you’re in the UK and planning a big move—maybe you’ve found your dream home or you’re eyeing a property investment—you’ve got some financial decisions to make. One of them is choosing between a secured and an unsecured loan. Why does this choice matter? The loan you choose impacts your interest rate, borrowing limit, required […]
Second and Third Charge Bridging Finance Explained
When cash flow gets tight and traditional loans aren’t cutting it, you don’t have to hit the panic button. Second or third charge bridging loans can be your financial lifeline. Now, you might be thinking, “That sounds great, but what’s the catch?” Well, there are a few nuances you should be aware of, like varying […]