Mortgage Broker Kent: Start Your Search Here!

by: SeanH
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When you start looking for a mortgage in Kent, you choose where you start your search. Do you go direct to a lender, or do you go to a mortgage broker?

At first sight you might assume that going direct to a lender was better. After all, it’s usually cheaper to cut out the middleman, isn’t it?

In some areas of life it may well be. But in the case of mortgages, starting with a mortgage broker in Kent can definitely save you money.

• A mortgage broker in Kent will have details on all the special offers available, sourced from the whole market. Some of the special offers will only be available via a broker, not from the actual lender. The lenders make these offers available via the mortgage broker because the broker provides them with big volumes of business.
• One fact that is not well known. If you go first to a bank or building society and make an enquiry about one of their mortgages, that enquiry will be logged. If you then go to a mortgage broker who can get a discounted rate on that same mortgage, you CAN’T GET that discounted rate, because you went to the lender first! So you see it’s important to go to the mortgage broker first. By all means, after you have been offered a particular mortgage, do go along to that lender to check that you have the best deal. The mortgage broker won’t mind you doing that. But do start with the broker.
• Some mortgage brokers develop a product themselves that they feel will be advantageous to their clients, and then approach leading companies to finance the product. So you may very well find that you can get a product from a mortgage broker in Kent that cannot be obtained from a lender.

When you are just starting out in the housing market, especially in Kent, you need all the money you can get. The last thing you want is to waste money. By starting your search with a Kent mortgage broker, you might well save money which you can use somewhere else.

About the Author

Sean Horton is a Director of Enhanced Wealth Limited who are a specialist mortgage broker in Kent

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