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.
We look at how to get the best Buy to Let mortgage rate, what's in store going forward, and options as a landlord with increasing costs.
9 days ago
Throughout this past week, lenders have continued to reduce their mortgage rates giving borrowers in the UK some welcome news following the change in global tariffs under US President, Donald Trump.
9 days ago
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There are lots of effective ways to manage and reduce stress, check out our tips to help you.
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Choosing which fixed rate to go for has been a dilemma for many of our clients so far this year. There really isn’t a right or wrong answer, but below we will look into the pros and cons of a two-year and five-year to help you make the right decision for you.
18 Mar 2025
Here are the lowest fixed mortgage rates of the week, available to first-time buyers, home movers, buy-to-let, and those remortgaging.
Call us for more information: 01628 507477 or email: team@mortgagerequired.com.
17 Mar 2025
According to Rightmove, a whopping 500,000 UK homebuyers are rushing to finalise their home purchase before the new Stamp Duty rules change in April.