The Sunday Times - Should you use a mortgage broker? Here are the do’s and don’ts
The Sunday Times last year 90 per cent of first-time buyers used a broker, and 84 per cent of homeowners remortgaging. This is up from 54 and 45 per cent respectively in 2012, according to UK Finance, a banking industry representative.
Aaron Strutt from the broker Trinity Financial said: “With banks and building societies almost constantly lowering their rates, a good broker will ensure that you have the lender’s lowest deal before completion.”
Trinity Financial said it can tell customers about deals available to non-brokers but cannot submit applications for the deals on behalf of clients. A broker claiming to be considering the whole of the market but not looking at direct deals is obliged to make this clear.
![Sunday Times](/images/as-seen-the-sunday-times.jpg)
![Telegraph](/images/as-seen-the-telegraph.jpg)
![Financial Times](/images/as-seen-financial-times.jpg)
![BBC News](/images/as-seen-bbc-news.jpg)
![The Express](/images/as-seen-daily-express.jpg)
![The Times](/images/as-seen-the-times.jpg)