In the context of mortgage advice, a ‘Whole of Market’ broker is not necessarily able to look at all mortgages available in the UK from UK Lenders, they only need to have a panel of lenders who represent each sector of the mortgage market.  Therefore, a broker can still be defined as a ‘Whole of Market’ broker even when they only sell products from a very limited panel of lenders.

You should always ask your Mortgage Broker for a list of their lender panel, in order to establish whether or not you are receiving truly independent advice.

An example of a non-whole of market broker might be someone working for a specific lender where only their products are offered, or perhaps someone working directly for an estate agent with arrangements with a panel of lenders only.

If you would like to talk to us about what mortgages are available to you, call 01628 507477.

Recent posts

On 30th October 2024 the Chancellor, Rachel Reeves delivered the Autumn budget which we had previously been warned would be “difficult”. Below we have summarised the main housing points.

In an increasingly cashless society, money is an intangible concept for children to grasp. In the days of coins and notes, kids could see money as something physical you require to purchase goods and services.
In order to help teach your children about money, we have listed some tips below;

The UK’s chancellor, Rachel Reeves will deliver the Labour government’s autumn budget at the end of the month, we take a look at what could be announced in relation to housing.

Recent research from Halifax has revealed the most sought-after locations for first time buyers in Britain.  

The data which was taken from the Halifax House Price Index looked at areas outside of London where those looking to purchase their first property were buying. Despite high property prices and increased rates, these first time buyer hotspots have remained popular.   

Taking care of your mental health means looking after your emotional, psychological, and social wellbeing. There are several ways we can practice self-care that will help to improve our physical and mental health. This can help to reduce our risk of illness, manage stress, and boost our energy levels!

Buying your first home is very exciting but it can also be very daunting which is why we have set out a “to do list” to help you get started. 

With UK inflation remaining at 2.2% which is slightly above the Bank of England’s 2% target, the decision was made on Thursday 19th September to keep the base rate at 5%.

Virgin Money and Hive Energy introduce new "green" mortgage product called Retrofit Boost Mortgage with the aim to help homeowners improve the energy efficiency of their home by offering cashback between £3,000 and £15,000