Whether you’re applying for a mortgage for the very first time or you need to remortgage, there’s plenty to think about and prepare for. A mortgage broker can take all of the stress and hassle associated with getting a mortgage out of your hands, so it’s well worth seeking their advice.

Why use a mortgage adviser?

Mortgage brokers - also known as mortgage advisers - have access to thousands of deals, many of which may not be available on the high street. They can tailor your application according to your financial circumstances, making sure that the mortgage products they source for you are tailored directly to your individual needs. This means that you’re less likely to be turned down by the mortgage lender, and you could potentially save money on your monthly repayments.

1. Navigating the complexities

If your financial needs are slightly more complex, speaking to a mortgage adviser could be extremely beneficial. They have access to a range of specialist lenders who are used to dealing with applications of this nature, and are more likely to approve you as a result.

Special circumstances may include self-employment, a history of bad credit, or extenuating circumstances that would otherwise make your application more complex.

2. Need a helping hand?

Mortgage advisers can offer bespoke guidance on all elements of your mortgage application, from working out how much you can borrow, through to discussing which protection insurance could be beneficial to you. This doesn't have to end with the filing of your application either.

An adviser can answer any questions or worries you may have about the home buying process in general, and keep in contact with other third parties, such as surveyors, solicitors, and estate agents.

3. We'll work around you

We know how busy life can get. Whether it's work, appointments, or managing the school run, the day-to-day grind can be a lot.  A mortgage adviser will accommodate your needs by offering flexible appointment times that work with your schedule - including evenings and weekends.

Everything can be taken care of over the phone, email or face-to-face, so your application and all of the paperwork associated with it can keep on ticking over while you take care of everything else.

Important information

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

There may be a fee for mortgage advice. The actual amount you pay will depend on your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.

Latest mortgage articles

Understanding your credit score

If you were in a position where someone was asking you for a large amount of money, you’d want to know they were in a good place to pay it back, right? That’s the position the lenders are in.
Read more

What's the difference between porting a mortgage and remortgaging?

When it’s time to upgrade to a new family home, or move to a new location for your career, you’ll wonder what happens with your existing mortgage.
Read more

5 home improvements that could actually devalue your home

Renovating your property is one way to increase its value, but there are certain modifications that can actually have the opposite effect. Here are some of the renovations that we recommend avoiding if you’re hoping to reach that dream selling price.
Read more

Can I get a mortgage despite my debts?

From student loans to bankruptcy, we look at the different types of debt and how they affect your chances of getting a mortgage.
Read more

The pros and cons of mortgage holidays

If your financial situation has changed and you’re now looking
Read more

Does it matter if the market is going up or down?

If you are buying and selling a home, how much does the housing market matter?
Read more

Why use a mortgage broker, when looking for that dream house?

A house is the biggest purchase most people will make in their lifetime yet some don't take the time to seek professional advice when looking for their dream home.
Read more

Can I add my partner or spouse to my mortgage?

Unsure if adding your partner to your mortgage is right for you? Learn about your eligibility, the benefits, and the steps to take to secure your dream home together.
Read more
My MAB app

Download the Mortgage Advice Bureau app

Our app is a digital mortgage coach designed to help you save up, plan, and track your home buying journey – whether you’re buying your first home, or just fancy a move.

We’ll guide you through step by step to ensure you always know what’s coming up next.

Apple app store logo
google play app download

Ready for some advice?

Arrange a callback