• David Tarry MBA

So, Why Use a Mortgage Broker?

First and foremost, using a mortgage broker like me, will take the leg work out of looking for a mortgage; they’ll search the market and compare the different deals that are available to you, looking at not only the interest rates on offer but other charges such as booking fees. These may affect the overall cost of your mortgage.


When a mortgage broker makes a product recommendation to a client, he or she gives financial advice. This means that mortgage brokers must have qualifications in order to operate within their field - and that they have a duty of care to their clients to give the best advice possible.


If you take out a mortgage via a broker and it later transpires that you’ve done so based on incorrect information or an error, you’ll have recourse to complain and seek compensation.

That’s unlikely to be the case if you take out a mortgage without seeking advice and later decide it wasn’t the right deal for you.


Some mortgage brokers - particularly those who are experienced - may also have contacts at different banks and building societies that will help to ensure your mortgage application is processed smoothly and efficiently.


Finally, a good mortgage broker should be able to help you with making other financial decisions that are often associated with moving home. You might find they can recommend an appropriate life insurance policy for you, or find you a good deal on buildings insurance.


So, that's why you should use a mortgage broker, like me...


Contact Me Directly 

David Tarry MBA

Merewood Financial Services

57 Park Road

Cowes

United Kingdom

PO31 7LY

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Or Call 01983 875151 - 0207 867 3990 - 0771 476 2597

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Merewood Financial Services is a trading style of David Tarry, who is an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority.  Telephone calls made to Merewood Financial Services and/or The Right Mortgage Ltd may be recorded and used for training and/or regulatory purposes.

Your home may be repossessed if you do not keep up repayments on your mortgage.  

Please ensure that you can afford the repayments before entering into a credit agreement.

We are not authorised to provide advice on Investments, Tax Advice, Pensions and Savings but can refer customers to a specialist who can assist in this area. The information contained in this website is subject to UK regulatory regime and is therefore intended for consumers based in the UK.  

Some forms of Buy to Let Mortgages are not regulated by the Financial Conduct Authority.

No fee is payable for our service in relation to mortgage contracts. We will be paid commission by the lender; the amount of the commission due to be paid is available upon request and will be disclosed via the mortgage illustration.

©2021 by Merewood Financial Services.