My other half and I need to make our minds up on a mortgage for our first house together. We went to see the in-house broker within the estate agents that we are buying from.
They were pretty much repeating exactly what I already knew and not offering anything that I couldn't get by going direct or via London & Country, plus they charge a £399 fee for processing the application and ensuring it gets turned around (we need to complete in 6 weeks). We have been told, by the in-house broker, that the mortgage provider that we are looking at, Coventry Building Society, takes some time to process and they have priority access - so can help get a quick turn-around.
Now we've spoken to L&C before, found them helpful, but have never used them for a mortgage.
So my question is this, what is the advantage of going with L&C compared to going direct? Will they help to speed up the mortgage process?
They were pretty much repeating exactly what I already knew and not offering anything that I couldn't get by going direct or via London & Country, plus they charge a £399 fee for processing the application and ensuring it gets turned around (we need to complete in 6 weeks). We have been told, by the in-house broker, that the mortgage provider that we are looking at, Coventry Building Society, takes some time to process and they have priority access - so can help get a quick turn-around.
Now we've spoken to L&C before, found them helpful, but have never used them for a mortgage.
So my question is this, what is the advantage of going with L&C compared to going direct? Will they help to speed up the mortgage process?