Taking out a mortgage is an exciting – but demanding – time. Whether you are set to become a first-time homeowner or are moving a further rung along the property ladder, there will be a great deal of work to be done, including research and paperwork.

If you are considering the use of a mortgage advisor such as Dumfries Mortgage Advisors but have concerns about the expense that may be incurred, take a look at these reasons why you should bring our team of qualified professionals into your mortgage application.

A Mortgage Advisor Will Save You Time

Finding a mortgage deal can be fun and exciting at first, but it soon becomes wearing. There are so many different vendors out there, especially with the rise of online lending, and it can be difficult to keep track of all the different rates and options.

If you bring in the services of a professional mortgage advisor, you can focus all your energies on your new home – let us do the legwork of searching and comparing different rates and cost implications. A mortgage advisor will only bring you suggestions that stand a strong chance of acceptance too, so you will remove the risk of damaging your credit score with an unrealistic application.

Of course, the work does not end with finding an agreeable mortgage rate to apply for. There is a great deal of paperwork to be completed before any mortgage can be rubber-stamped, and the forms in question are filled with enough financial lingo to leave a layperson scratching their head. If you bring in the services of a mortgage advisor there will be no need for you to spend your time on such logistics – that’s what a professional mortgage advisor is for.

You have to keep a lot of plates spinning while you’re applying for a mortgage and buying a new home, and it can quickly become too much work for anyone to deal with by himself or herself. Bringing in outside assistance from a mortgage advisor will allow you to keep on top of your mortgage application without sacrificing everything else that’s important in your life.

An Advisor Works for You, Not Your Bank

A bank or building society will be duty-bound to perform certain affordability checks to ensure that you can continue to make repayments on your mortgage, but that is largely where their commitment to you as a buyer begins and ends. Ultimately it is a transaction between customer and vendor, and there is very little opportunity for legal recourse if something goes wrong later in the process.

Bringing in a professional mortgage advisor, however, is a different story. Your advisor will be committed to you, and will ensure that the offer that reaches you is designed to work entirely on meeting your unique needs and circumstances.

The law will also protect you if you follow the advice of a mortgage advisor; in the hugely unlikely event that the information you are furnished with is inaccurate or untrue, you will be able to seek compensation to rectify any financial shortcomings. This is not something that is open to anybody that approaches a lender directly and acts in their own interests. 

They Will Find You a Better Deal

While it’s true that a professional mortgage advisor may not be able to gain access to direct-only deals offered by high street or online lenders, this is countered by the fact that our team can find offers that you would not.

As professional mortgage advisors, the team at will have direct contact with the key decision makers of a great many vendors. Particular deals and arrangements are frequently held back from the general public and reserved for access to professionals that work within the mortgage industry, and more often than not, these will be preferable to the customer.

The savings that are available through bringing in the services of a professional mortgage advisor often greatly outweigh the costs of utilising the services of one of our professional team members, so you have nothing to lose by picking up the phone to Dumfries today.

They Provide Future Security for your Home

Once you have your mortgage in place, everything should be smooth sailing. At least, that’s the theory. Unfortunately the world continues to turn after you have signed the contract on your property, and you will need to be certain that can continue making mortgage payments if your circumstances change unexpectedly.

The mortgage advisors on the team are qualified financial experts which means that their experience is not limited to mortgages. As part of the service, our team will also be able to make suggestions for a number of different insurance packages that will help you sleep easier once you are situated in your new home.

First and foremost, our advisors will find you the best possible home insurance policy – once again, potentially finding you a package that may not be available by browsing online or simply asking your mortgage lender for a package deal.

Perhaps more importantly, however, our team will be able to recommend a policy that protects you and your partner against death, critical illness or redundancy from your job.

Sometimes unfortunate circumstances can arise, and worrying about whether you will lose your home will only make a bad situation worse. By utilising the skills and experience of our team of advisors, you can breathe easier knowing that your home is protected no matter what happens.

These are just some of the reasons why you should consider the use of a professional mortgage advisor. 

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