How a mortgage adviser can help with your mortgage

How a mortgage adviser can help with your mortgage

A mortgage adviser can help you in a number of ways when it comes to remortgaging, often resulting in a saving of £1,000s for the buyer. In this guide we will run through exactly how a qualified mortgage adviser can help you through this process.

Scanning the market

A mortgage adviser has the ability to scan thousands of mortgage products for the right deal, based on your requirements. To do this as a consumer would be an extremely arduous task as it would involve approaching multiple lenders directly. We’ve made this process easily available on the Mortgagez portal so you can see for yourself what deals are available to you in less time than it takes to boil a kettle!

Exclusive deals

Given the amount of business a mortgage adviser writes compared to a standard homeowner, advisers get access to broker-only deals. Advisers are often faced with the question – “I’ve banked with Barclays for years, would I not get a better deal by going direct?”, though there is no definitive answer, it is usually a no in reality.

Saving time

It will come as no surprise that a mortgage adviser will save you a lot of time and hassle by doing the research and helping prepare your application for you, not to mention avoiding the common pitfalls consumers may not have thought of and which may result in having to re-apply.

Access to insurance deals

Like with broker-only mortgages, advisers often have access to exclusive deals on things like buildings and contents insurance, critical illness cover, payment protection and more. It is always worth considering the pros and cons of being covered, and more-so it is worth saving money on these services by buying through an adviser.

Peace of mind

The chances are a mortgage adviser has dealt with very similar circumstances to your own before, meaning they can advise against and help avoid making common mistakes. Bearing in mind they match up requirements and mortgages full-time, you can safely assume they are likely to come up with a better solution than a regular buyer. This effect is greatly increased if your case is more complex, for example those who are self-employed, have credit score issues or if you are buying an unusual property.

No stone being left unturned

Given their expertise, a qualified adviser will likely bring up options or eventualities you may not have considered. Things like over-payments, fixed vs variable rates, early exemption fees, equity release and more. Small percentage differences make a real world difference of thousands of pounds when it comes to property so it’s best to explore all of your options in order to save a sizeable amount of money in the long run.

At Mortgagez we don’t charge a penny for our service – it’s completely free when you use our portal as we are paid by the lender; not you. Our aim is to find you the best mortgage deal from across the whole of the market, saving you both time and money. We can also offer you a range of independent solicitor options via our portal with integrated application tracking from start to finish. Everything you need for your mortgage is all under one roof when you use Mortgagez.  

So for an up-to-date view, why not compare and secure the best mortgage deals for you TODAY by completing a quick quote online and seeing how much money you could save.


Any guidance and/or advice contained within this document is subject to the UK regulatory regime and is therefore restricted to consumers based in the UK. Any technical or regulatory information contained within this document was correct at the time of producing it but as it may be subject to change it should not be exclusively relied upon when making a financial decision. The Financial Conduct Authority does not regulate advice on Buy to Let mortgages.

Article written: June 2020

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