I'm a first time buyer, and two of my friends who have recently bought their first homes themselves advised me against using a broker who charges fees. I realise this is a bit of a sticky subject on this boards, BUT I tend to agree with them on this. Today I went to meet with the mortgage broker the housing association recommended to me, and he wanted me to sign a form saying I would pay a £500 fee for his services. He even told me it's a myth that there are free brokers out there. I fobbed him off - hardest thing I've ever done, as I am not good at confrontation and he was very pushy. He was also trying very hard to sell me mortgage insurance at the same time which I found quite unnerving as he didn't really even give me the chance to say no.
After the meeting was over I spoke with my friends and contacted another broker, who was recommended by one of the girls, and feel much more comfortable with this guy. He is from London And Country so won't charge a fee, and wasn't pushy or scary. I therefore am going to switch to him instead. The thing is, I have no idea how to tell the original guy I've changed my mind, as he was very bristly and clearly annoyed when I refused to sign the documents on the spot. Any suggestions for how to handle this? This is all very stressful stuff and I would be hugely grateful for any help anyone can give me!
M
After the meeting was over I spoke with my friends and contacted another broker, who was recommended by one of the girls, and feel much more comfortable with this guy. He is from London And Country so won't charge a fee, and wasn't pushy or scary. I therefore am going to switch to him instead. The thing is, I have no idea how to tell the original guy I've changed my mind, as he was very bristly and clearly annoyed when I refused to sign the documents on the spot. Any suggestions for how to handle this? This is all very stressful stuff and I would be hugely grateful for any help anyone can give me!
M