"Explained things in concise clear language. Easy manner - no pressure - created environment to make a decision."
Mr & Mrs M., Leeds, West Yorkshire
Mortgage Brokers, also referred to as Mortgage Intermediaries, act as specialist middlemen between those who wish to borrow, and those who want to lend to them!
Here we take a look at Mortgage Brokers / Mortgage Intermediaries and their role when it comes to finding a mortgage, together with the benefits of using a Mortgage Broker as well as things you may want to look out for. Additionally, being UK based specialist Mortgage Brokers ourselves, we thought it might be useful to let you know of the Mortgage and Remortgage help we can provide!
Table of Contents:
Mortgage Brokers (also known as Mortgage Intermediaries) serve as the middlemen between a Mortgage Lender and the borrower.
There are many advantages of using a mortgage broker like Shire Direct when it comes to finding a mortgage, and these usually include:
But do take care when choosing your Mortgage Broker! Some Mortgage Brokers (although not us!) are tied just to one lender, and therefore you may well find that the products offered by them have only limited features that may not fit the bill as far as your needs and requirements are concerned.
You should always check to see whether the broker is prepared to provide you with advice and a recommendation like we do here at Shire Direct. Some Mortgage Brokers merely provide information - you're then on your own! Mortgage Brokers providing non-advised sales, or information only packages, are not permitted to provide you with advice or a recommended product.
That's right Shire Direct are a UK based mortgage intermediary and have been arranging Mortgages in the UK for over 22 years! As established, experienced and professional mortgage brokers let's take a look at how we can help you!
Arranging a mortgage - the right mortgage, is crucial. So the first thing we do is to understand your circumstances, needs, requirements and aspirations. Afterall, your mortgage is probably the largest financial transaction you'll ever enter into, and getting it right from the outset is extremely important.
You are also safe in the knowledge that all our mortgage advisors and senior managers at Shire Direct are professionally qualified and undergo a regime of continual rigorous training in order to provide you with our best possible service and a recommendation on a mortgage product that will meet your needs and circumstances!
All our advisors and senior managers hold at least two of the following qualifications to ensure you receive top quality service and advice:
Today's mortgage marketplace is extremely complex, and choosing just the right product for you can be complicated. That's where Shire Direct can really help. Our lender panels are geared to provide a comprehensive selection to enable us to be able to provide the most appropriate scheme for you. Our approach is slick and pragmatic. We'll provide you with a rapid in-principle decision, and we work closely with the lender, solicitor and property valuer to ensure we achieve a suitable offer of mortgage as quickly as possible.
As professional mortgage intermediaries, Shire Direct will of course act in your best interest, rather than for the benefit of the lenders, and therefore you will be able to rely on our completely impartial mortgage advice, regardless of your circumstances.
There's a tremendous range of mortgage products in the marketplace these days, and our lender panels provide our customers with a wealth of choice, and here they are:
And of course our professionally qualified mortgage advisors are at hand to explain how the various types work, and make a recommendation on the most suitable mortgage product for you whatever your needs and circumstances.
Our lender panels provide us with an extensive range of plans to accommodate most circumstances, including:
So if you feel we could be of assistance simply call us on Freephone 08000 282 281, or enquire online!
You'll find our service to be friendly, helpful and professional, without the air of stuffiness that you might find elsewhere! We have the approach, skills and the products to help even in the trickiest of circumstances.
We'll carefully assess your circumstances, needs, requirements and aspirations, so that we come up with just the right mortgage product for you! Remember, our professionally qualified mortgage advisors are available up until 10pm everyday - including weekends. So why not get in touch today, you'll be glad you did!
Hopefully that has answered any initial questions you had with regards to Mortgage Brokers / Intermediaries and has shed some light for you on the role they when it comes to arranging a mortgage, together with how we can help arrange a mortgage for you. For your further information you may be interested to know our website contains hundreds of useful pages of mortgage related information so why not take a few moments out to investigate some of the possibilities that may be open to you, and you feel we could help, we'd love to hear from you!
The overall cost for comparison is 9.8% APR.
The actual rate available will depend upon your circumstances. Ask for a personalised illustration. APR variable and based on a usual case. Most customers are likely to receive a lower rate or the same rate as our overall cost for comparison rate - learn more about APR.
There are no upfront broker fees.
However, a fee may be charged on successful completion. An indication is that on conforming cases (straightforward applications with no or minimal adverse credit) a fee may be charged of up to 1% of the amount advanced, typically £795 and will depend on your circumstances.
For non-conforming cases (where case research and processing may be more complex due to adverse credit or unusual circumstances), a fee may be charged of up to 3% of the amount advanced, typically £1,995.
THINK CAREFULLY BEFORE
SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED
IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Adding existing debt to your mortgage will increase the repayment term and overall cost.
Are you worried and becoming stressed because you are having problems getting a mortgage or remortgage? Worry and stress no more! Here at Shire Direct we provide tailor made mortgage solutions to suit you, and can usually help with all kinds of circumstances including...
Remember, we're here to help, and would love to hear from you!
Over £2,000 worth of Argos Vouchers to be won in the Shire Direct Grand Prize Draw 2008! Terms and conditions apply - please read article for full details.
Claim £100 worth of Argos Vouchers upon completion of your transaction throughout 2008. Terms and conditions apply - see our Vouchers Special Offer page for full details.
Shire Direct and Shire Direct Mortgages are trading styles of Shire Processing Centre Limited which is
Authorised and regulated by the Financial Services Authority in respect of regulated mortgage products and general insurances.
Registered No: 302389. Commercial funding and Secured Loans are not regulated by the FSA.
Licensed Credit Brokers. Consumer Credit Licence Number: 349999.
Shire Processing Centre Limited is registered under the provisions of the Data Protection Act by the Information Commissioners Office: Registration No: Z6795249. Registered in England & Wales. Company number: 2732202. Telephone calls may be recorded for training, monitoring and security purposes. All applicants must be aged 18-years or over.
