Over half (55%) of UK consumers do not realise mortgage brokers can offer more product choice than banks or building societies, according to a report published by Legal and General.
The report showed that 48% of homeowners and prospective buyers who did not use a broker chose not to do so because they felt their bank or building society offered them a better deal.
Furthermore, 19% said they didn’t see the value a broker would add to their hunt for a home loan.
Almost a fifth (19%) of all respondents surveyed thought brokers and banks had access to the same mortgage products and deals, when, in fact, the number of options available via an intermediary is eight times larger.
Here at The Financial Planning Group, we pride ourselves on being to offer our clients mortgage products from the whole market, which opens up so many more options and offers – we have more than 24 years experience in helping families find the perfect low-rate deals and ensuring that the financial side of moving home is as stress free as possible.
If you would like to speak about your mortgage or re-mortgage, and secure one of the record low deals that are currently available, please feel call Steve Padgham on 020 8614 4782 or email Steve.Padgham@fpgonline.co.uk