Today we explore the benefits of consulting a mortgage advisor when taking out a new mortgage or trying to re-mortgage onto a better product.
In 2015, the consumer has all the power. We can now use all manner of comparison websites and smartphone apps to help us make the right decision when it comes to buying a new piece of tech, or making a major financial decision. But is that always the right thing to do?
In most cases it’s fine to do your own thing, but there are some decisions that you shouldn’t make without the help of a dedicated expert, and this is certainly true when it comes to mortgages. Let’s take a look at why it’s good to talk to an advisor when you’re looking to fund that home purchase.
Reason 1: Covering the Market
Independent mortgage advisors are invaluable when it comes to making sure that you’re looking at all of the options that are available to you. Yes, there certainly are plenty of comparison sites, but you can never be sure that you’re actually getting a full view of the market.
If you’re not, then you could well be missing out on a particularly good deal or method of finance. Not everything is online, even today, and sometimes it takes that human touch to unearth better options from providers, which is why advisors are still in demand.
Reason 2: Knowledge
Following on from this is of course the knowledge that these professionals have. They’re far better at knowing what product is right for you, because they’re going to understand the processes and market as a whole better, than you.
Reading up online is good to give yourself a foundation, but you can be certain you’ve got everything right without having first spoken to a professional. It’s all about decision making, and being informed is always the best position to be in.
Reason 3: Getting the Best Price
Ultimately, you won’t get the best deal without talking to a mortgage advisor. Part of this is because it can be hard to actually directly compare certain products, and it’s likely that you’ll need an expert to work out which providers are actually going to give you the best price in the end.
Another big factor is that advisors often have ways of getting better deals out of a provider that the average consumer might not.
If you’re still in doubt, have a read around to find out more about why you should choose to talk to a mortgage advisor before you go making that big financial decision.