Is the mortgage broker UK market limited by certain lenders?
Should recent newspaper reports of mortgage brokers UK wide being left out of deals by certain lenders, be of concern to customers?
At Deal Direct we have access to a wide range of competitive deals from across the market so we can offer you a good comparison of what is available.
You may have read in the press recently that some lenders offer some of their deals directly. This is a practice known as dual pricing . Some reported statistics suggest that there are around 1,900 products directly available with nearly 1,700 through mortgage brokers UK wide.
However the statistical figures are obviously not the full picture when you are looking for a mortgage.
The important thing is to find the right mortgage for you. At Deal Direct we look at the whole picture so that we can match the most competitive deals in wider market with your individual circumstances. We also have up to the minute knowledge of mortgage providers lending criteria.
Like many people, you may have seen a deal advertised on a best buy table, only to find that the deal has criteria that excludes you. Most products have lending criteria that is specific to the product regardless of whether it is on offer direct from the lender or through a negotiator.
As mortgage brokers in the UK, advice from Deal Direct is invaluable when trying to find the most competitive rates on offer.
Contact one of our skilled advisers today who will compare the mortgage market on your behalf to find you a competitive tailor made deal.