A mortgage adviser will have an in-depth knowledge of the property lending market, researching available products from numerous lenders. Buy to let mortgages can be quite complex and therefore often require a more specialist approach. It is important to research all lenders, which can prove quite challenging if you are trying to do this without the support of an adviser.

Mortgage advice aims to support you through the process of acquiring a mortgage for your property.

When seeking mortgage advice, you'll usually need to provide details of your personal finance history (so bank statements and credit reports) to help advisers work out which mortgages would be most suitable.

Once an assessment on your personal circumstances has been made, a mortgage adviser will make a recommendation on an appropriate and affordable product.

You can seek advice on mortgages directly from lenders such as banks or building societies. Alternatively, you can go to a whole of market mortgage adviser or broker who will search and compare numerous products at the touch of a button.

The cost of mortgage advice varies from adviser to adviser so it’s important to shop around!

In many cases the advice is free but your mortgage adviser can receive a commission from the lender.

They may also then charge a fee and some will do so at the start of the process so it is important to ask the question.

The cost of mortgage advice depends on the terms and conditions of the adviser.

Some mortgage advisers might charge for their services but this will usually depend on your requirements and on the value of your mortgage.

We offer a free consultation every time and will quickly confirm if there will be any charge for our services and support. In the majority of cases, we will receive a commission from the lender once a mortgage starts. It’s important for you to clarify terms and conditions with mortgage advisers from the start so that you are aware of any charges and financial responsibilities you may incur.

No, banks will not charge an advice fee. You do however need to remember that they will only recommend their own specific products.

Whole of market mortgage advisers are more likely to provide an impartial perspective on the most suitable and competitive mortgage products and via a variety of lenders.