Mortgage Broker sought/recommended MEGATHREAD

[poshperson 10]

Mckenzie finance - based at chapel town but will come to see u. We used them last year & they didn't charge us a penny, they take there costs from the mortgage provider. 0114 2203743

 

 

Ditto the above. A really good bloke to deal with.

[Jeffrey Shaw 88]

No matter whom you select, ensure that the firm is independent (IFA) and properly insured.bonded.

[onedizzybird 10]

I would highly recommend Graeme pringle. We have seen quite a few and Graeme really took the time to understand our individual circumstances before making suggestions. When we challenge some of his suggestions he gave full and thought out reasons for choosing the products and he is an incredibly nice man. He is independent and more interested in getting the right product for you than the commission he gets from getting you set up on a specific product. He helped us organise two mortgages that enabled us to move into our dream house a couple of weeks before giving birth, the man is fantastic.

[kippax 10]

Carl Swift at Homeworks 01709 821967

[fling 10]

Carl Swift at Homeworks 01709 821967

 

Second this one. I have used him previously and will be giving him a call in the near future.

[mc55 10]

we used Keeley Bamford after a personal recommendation by a friend. She has been very helpful and is very flexible with regards to timing of appointments. She's also been very responsive to email / calls etc.

 

Her email is: keeleybamford@positivemortgages.co.uk

[BigAl#13 10]

Hi all,

 

I've done a bit of research recently in to buying, and am at that stage where really I need some independant advice.

 

Now, I know whoever I go to has to be regulated by the FSA, and I want to look for someone who does whole of market.

 

On this forum I've come across these two threads, and will be endeavouring to give the recommended people a call over this week to try and set up some meetings.

 

http://www.sheffieldforum.co.uk/showthread.php?t=310291

 

http://www.sheffieldforum.co.uk/showthread.php?t=343359

 

However, I was just wondering if anyone knew of advisors that specialised in FTB's.

 

We have a reasonable deposit amount and enough to cater for fee's but really need to know our definitive limits in terms of how much we can borrow and all about capital repayment mortgages ( I will not be touching interest only, as it is a waste of time and might as well keep renting)

 

Ideally, I'd like someone who will just sit down with me and my partner and go through everything that we need to understand. Not blind us with information, and most importantly not charge us for an initial consultation/advice session.

 

Any help gratefully received.

[Simon_G 10]

Hi, I'd strongly recommend James and Pete at JPM Financial Management:

 

http://www.jpmfinancial.co.uk/

 

As a recent first-time-buyer they really made the process as straight forward as possible. Taking care of liaising with Mortgage lenders, insurance companies, solicitors and estate agents - all carried out in a down-to-earth, but professional manner.

 

JPM is whole of market and totally fee free - they take commission from Mortgage lenders - so their advice and expertise won't cost you a penny.

 

I couldn't have been happier with their service and I'll be in touch in a couple of years time when my current Mortgage deal expires, and I need to find a new product.

 

Good luck!

 

Cheers,

Simon

[NewBiz 10]

Hi. I was a mortgage advisor/broker for many years and used to love helping FTB's understand the whole buying process. It sounds like Simon G has found a good straightforward chap in his advisor, who doesn't take his fees from you but from the lender, and is happy to spend time explaining what you need to know.

 

One small thing to be aware of though, is there may well be deals out there that are not available through an advisor, only if you go direct to the lender. These are often some of the best deals (precisely because they don't pay fees to an advisor, so the savings are passed onto the borrower) That said, if you find a really good advisor, who has the knack of explaining things in laymen's terms and avoids jargon, then particularly for a FTB they can be worth their weight in gold.

 

Good luck

[chem1st 10]

When interest rates rise, mortgage costs will increase. Do not overstretch yourself.

 

When mortgage costs increase, houseprices shall fall.

 

Tis better to better when interest rate are high!

[NewBiz 10]

When interest rates rise, mortgage costs will increase. Do not overstretch yourself.

 

Fair enough advice.

 

When mortgage costs increase, houseprices shall fall.

 

Some of the periods of highest house price inflation, have been during times of very high interest rates.

 

Tis better to better when interest rate are high!

 

What do you mean?

[chem1st 10]

[/b]

 

What do you mean?

 

If interest rates are rising, the cost of servicing a mortgage increases and increases.

 

If they are falling, the cost decreases and decreases.

 

If you buy now with lowest interest rates in 300 years there is only really one way for interest rates (and thus cost of servicing a mortgage) to go.

 

If you buy when rates are high, the chance is your mortgage servicing costs will fall. If you buy now when they are low, the chance is they will rise.