Mortgage Brookers

[Ric.ror]

I am thinking of getting a B2L mortgage. Would I be better with a brooker who charges a fee or one who works on a commission from the lender? I suspect that the latter will advise on the mortgage which derives the best outcome for themselves.
Has anyone any advice or views


Thanks as always in anticipation of your answers

[twix123]

Go for the former, who is more likely to be an Independent Financial Advisor. An advisor who is commission based will be inclined to look after number one (themselves) and try to obtain the highest fee available.

[Ric.ror]

I thought that twix
Thanks for your answer

[TonyV]

Ric can you not get a loan from a convectional mortgage lender, ie a building society, interest rates will be lower.

[TonyV]

^^^ meant conventional not one in the air. Oh auto correct.

[Ric.ror]

I was under the impression that mortgage brokers have access to mortgages that are not available to ordinary customers