You may be asking yourself why you need us to help you find a Mortgage?
What do we do that you can't?
Why should you use our services when there are other options available when moving home or remortgaging?
If you're asking yourself these questions, it can be more than tempting to cut out the middleman. However, you may want to think twice.
Mortgage advice from DS Mortgages can be an invaluable service – and here's why…
You're protected
An important thing to understand is that when you receive mortgage advice from us, we have a duty of care to you. We have to recommend a suitable mortgage and be able to justify why the particular mortgage we have chosen is right for you. If for any reason you are unhappy with our service, we have a formal complaint service.
Our consultants are qualified
There's an awful lot to think about when choosing the right mortgage. It's not as simple as just opting for the cheapest fixed or tracker rate mortgage you can find! Our consultants are qualified to give you Mortgage advice.
We are on your side
DS Mortgages are experienced mortgage brokers, and therefore we will look for the most suitable mortgage and lender for you. You get professional advice and could choose from a range of lenders and subsequent products, rather than being restricted to the single range of the lender you go to.
We know the industry
Mortgage criteria has tightened massively over the past few years, with the Mortgage Market Review being the latest, and arguably widest-ranging development. It's been designed to ensure borrowers can prove affordability, even in the event of a rate rise, and those extra checks have understandably increased application times.
That's why it's so important to stay in the loop – and to have us on your side who understand it all. We deal with lenders on a day-to-day basis, so we can tell you which lender can process your application with minimal delays if time is of the essence.
We also know the background criteria that a lender has and can bring this experience to bear when advising you and processing your application.
It's not just about the mortgage
We won't just advise you about your mortgage. We will also look at any related life insurance, payment protection* and even buildings and contents insurance you have.
We will recommend insurance based on your new mortgage arrangements to make sure you are fully protected in the event of:
- Death
- Critical illness (such as cancer, heart attack or stroke)
- Redundancy
- Accident or Sickness
Don't be put off by a fee
Mortgage advice tailored to your situation is a service and for this we may have to charge a fee.
We do this by one or both of the following:
- Charging a fee. This could be a one-off fee and if we do charge you a fee, we will make this clear from the outset.
- Commission. Lenders and insurers may decide to pay us a commission for putting your business their way.
Where can I find out how much DS Mortgages makes?
We are required to provide you with an illustration about the specific mortgage being recommended. Details of any commission earned by us for introducing your business to the mortgage lender together with any fees you may to pay can be found in this illustration.
The value of advice
Mortgages are a lot more difficult than they first appear. Knowing what rate, what term, what lender, what features and what insurance to get are all time-consuming and complex matters.
Comparing mortgages on comparison sites is good place to start – it's great to get an idea of what's out there. But choosing a mortgage is a process far more complicated than simply opting for the lowest rate or the best incentives.
We take all your circumstances into account in order to recommend a suitable product and process your application. It is that thorough, professional look at your finances that makes our service worth paying for.