Much more than just a ‘Mortgage Broker’…

Wednesday, October 24th, 2018

Many prospective homebuyers (or indeed those looking to remortgage an existing property) use the services of a professional mortgage broker to determine what is likely to be very best mortgage deal in all the circumstances.

That said, consulting an expert may prove advantageous in other ways too.

A Good Mortgage Broker Goes Beyond just Arranging a Mortgage

A great mortgage broker will want to make sure that the process is handled as professionally as possible from start to finish and that their clients are looked after in other areas of their financial lives at every turn. Many can provide established links with other trusted and independent professionals that may prove useful to prospects in areas such as financial planning (e.g. pensions and investments), accountants (e.g. tax planning), estate agents and solicitors (e.g. property conveyancing, and other legal advice such as will preparation).

Navigating the Buy to Let Regulations

By way of example, this has become more appropriate than ever in recent months with the changes in the Buy to Let market and with the removal of mortgage interest tax relief by the year 2020. Brokers currently advising clients on Buy to Let mortgages should, (if called upon to do so by their client) be able to make introductions to an expert tax adviser who will help determine the best tax planning approach for their mutual client. This is especially important given the impact that future tax payments could have on an inappropriate investment decision made in haste!

Additionally, as pensions, investments, wills and inheritance planning may also have an impact when buying a property, an expert mortgage broker can introduce those other trusted professionals at appropriate times throughout the process.

A Fully Integrated Approach

Put simply, an integrated approach is more likely to result in a seamless and relatively trouble-free transaction, but of course as any transaction can experience the occasional setback, it is always a great idea to undertake some planning in advance and a professional expert broker can help you facilitate the entire process.

Here at Caboodle Finance, of Sutton Coldfield, Birmingham we seek to do just that.

Call us on 0121 308 9114 or alternatively click HERE to contact us via our website to hear more about how one of mortgage broking experts could help you with your bespoke project.

We very much look forward to hearing from you.