Which Type Mortgage Broker is Best

Multi-tied Mortgage Brokers are likely to be a better choice than tied Mortgage Brokers, who can only recommend products from a single provider.

However if you want a Mortgage Broker who can select from the whole marketplace, to find you the best deal, an Independent Mortgage Broker is your only option.

Mortgage Broker Qualifications

Until 2003 anyone in the UK could call themselves a mortgage broker or adviser.

The Financial Services Authority changed this.

Now anyone who sells mortgages needs to have specific qualifications ie they have to sit an exam called CEMAP - so they must be "CEMAP qualified". (There's another, qualification, mainly taken by IFAs, called MAQ).

On 31st October 2004 there were other major changea to the rules. For example, now no one is allowed to "cold call" the public at their homes to sell them mortgage services - as used to happen.

The whole area of mortgage advice is now regulated by The Financial Services Authority. See New UK Mortgage Regulations

For further details, or if you're suspicious about anyone, contact them or try the new regulator, the Financial Services Authority on 0845 606 1234.

Read enough? Just want a quote? To get your best mortgage quote quickly and easily we can put you in contact with a recommended mortgage adviser. It's free, completely confidential and there's no obligation at all. Simply fill out the form below

More About UK Mortgage Brokers

Important note about your credit rating

Many websites don't make it clear that filling in their mortgage enquiry form means you might be credit checked.

This can put you at risk.

UK Mortgage lenders may assume an enquiry you have aleady made to another lender means you were turned down - and not that you are in fact carefully shopping around and rejecting the bad deals.

The best way around this significant problem is to ask an independent mortgage adviser to make anonymous enquiries for you.

Without risking your credit score an adviser can find you the best available mortgage deal. They will also know how likely you are to be accepted by the lender if you decide to make a formal application.

If you would like a recommended adviser to check out the best deals for you, anonymously, simply fill in the quick form below.

" Hmm..." You might think; "Won't I be hounded by a salesman hungry for my business? "

This is the most common question we hear from our users.

The answer is no you won't.

Firstly your enquiry is only passed to ONE person on a carefully vetted list of independent advisers.

Secondly, these mortgage advisers are professionals. Even when the market is slow they are busy people. There many people who need to move homes, or get a remortgage and are looking for advice all the time. Regardless of the state of the property market, life goes on.

So the advisers don't have time to hassle people. It just doesn't work like that. No one is gong to be forced into taking out a mortgage unless they really need one.

The advisers are very used to talking with people, perhaps like yourself, who are only "dipping their toes" into the water.

Many people just want an initial quick chat and if they feel comfortable will ask the advisor to contact them again later - often in several weeks or months. As a professional, the adviser will simply diarise this and call back at the appropriate time. There is no obligation at all.

(In the unlikely event that you ever feel at all "hassled" by someone on our list please let us know immediately. We have never heard of this. But if it happened we would definitely want to know).

Value of Property	£	(eg 159000)
Borrow How Much?	£	(eg 125000)
Your Mortgage Type
Are you First time buyer?		Yes No
Have you found your property?		Yes No
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Sorry ! The amount you want to borrow is less than £25,000. This is the minimum allowed for a mortgage. But don't worry ! You could get the money via a personal loan. I want a free no obligation loan quote Click OK No thanks. I will change my borrow amount to more than £25,000 Click Cancel
Do you want to Self Certify?		Tick this box if you need to self-certify your income. (Self certified means unable to easily provide proof of income, e.g. if you are self-employed etc.)
Have you:		Had a CCJ or Default registered against you?
		Missed one or more secured loan or mortgage payments in the last 12 months?
		Been declared bankrupt or had an IVA?
		Got unsecured debt of £5000 or more?
First name:
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Date of birth:
Please enter your current postcode:
Address:		(click drop-down arrow for correct address) OR click here to enter address manually
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Address2:
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Please use this space to tell us the best time to call you and any other info you may wish to add:

Mortgage Guide
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Finding your Mortgage Contents

Which Type of Mortgage Broker Is Best For You?

Mortgage Broker Qualifications

More About UK Mortgage Brokers

Important note about your credit rating

How to get a Mortgage

Browse over 200 Free Mortgage Tips

Site Help

Mortgage Guide Click for Full Contents

Finding your Mortgage Contents

Which Type of Mortgage Broker Is Best For You?

Mortgage Broker Qualifications

More About UK Mortgage Brokers

Important note about your credit rating

How to get a Mortgage

Browse over 200 Free Mortgage Tips

Site Help

Mortgage Guide
Click for Full Contents