It has been estimated that an appointment with a major high street lender can take upto 2 ½ hours which would normally mean employed people would have to take off time of work using up holidays or a self employed person might have to lose ½ a days work which is then starting to cost money.
Another main stream lender who doesn’t offer the facility to go into a branch has recently advised it is taking upto 2 weeks to obtain a telephone appointment which can then be 1 hour long or potentially even longer.
This can very frustrating when you have found the house that you want to buy or if remortgaging arranging the finance for additional borrowing for perhaps home improvements.
Using a professional Mortgage Broker can take away all that inconvenience.
Most Mortgage Brokers will work around your working week understanding that 9-5 Monday to Friday is not always convenient.
They may have a office which you can go to outside these hours, say on the way home from work.
They may be able to offer an appointment at your place of work or visit you at home to discuss your mortgage requirements.
People today live busy lives and there is alot of call on your time and dealing with organisations who have set times of opening can be very difficult.
Being able to deal with a organisation who will work around your busy lifestyle can be much less stressful.
Imagine being able to be sat in the comfort of your home and have all the high street lenders and other specialist lenders (as not everybodys situation is the same) come to you.
Ask you what is important to you when arranging your mortgage not tell you what is available from a limited proposition and hope your circumstances meet that particular lenders criteria.
This is what a mortgage broker can offer they can look at what is available from the whole of the market not from a limited range, they can meet with you at a time and place convenient to you and take the time and effort to look at all options available.