logo
logo
Sign in

How to Find a Mortgage Expert in the UK

avatar
Yasmin Bedi
How to Find a Mortgage Expert in the UK

If you are considering a career as a Mortgage Adviser, there are a number of factors you should consider. As a mortgage advisor, you'll earn a highly competitive salary, as well as commission from the lender, and you'll be able to work from home, at a client's home, or even from your own office. Many mortgage advisers work for banks and building societies, where they usually work 35 to 40 hours a week. This flexible schedule also allows you to work weekends and evenings, to accommodate clients.

You can choose a mortgage adviser by distance or postcode. Some mortgage advisers have exclusive deals with specific lenders, while others work across the market. You can find out which advisers offer the best deals for your requirements by consulting the FCA's register. Mortgage advisers must be regulated by the Financial Conduct Authority (FCA), and some of them are even regulated by the regulator. A good mortgage adviser will do more than just recommend products, however - they will also check your financial situation and complete paperwork for you. That means your application will be processed quicker, and you won't have to pay any fees to the adviser.

While it's possible to find a mortgage adviser in the UK online, it's best to get recommendations from friends and family. Remember that not all brokers work with all lenders in the UK, so choose one who has access to the largest number of lenders. Some are 'whole of market', while others are tied to specific lenders. A mortgage adviser's fee will also vary, so ask around for recommendations from friends and family.

collect
0
avatar
Yasmin Bedi
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more