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What does a mortgage advisor do?

Updated: Jul 17, 2023

The main role of a mortgage adviser is to help you find the most suitable mortgage for your needs, whether you’re a first time buyer, moving house or looking to remortgage. And, with all the confusion in the news around mortgage rate rises, base rate increases and interest rates going up, it's more important than ever to get professional advice. With a 5 star rating on Google, we’d highly recommend using Beewise FS Ltd! Offering outstanding customer service, we’re on hand from start to finish, making mortgages easy.

To find out more about what your local Beewise advisor can do for you, scroll down to read on, give us a call on 01934 204841, or email us here to arrange an appointment.

1. Save you money

When comparing mortgages, some products are available exclusively through an advisor and some have exclusive rates, which means you could save money. Beewise work with lots of different banks and building societies, so your advisor will have access to a whole host of deals which can change daily. By using us, we’ll be able to source you the most suitable mortgage.

2. Tailor advice to you

It’s a mortgage advisor’s job to have knowledge of the mortgage market, compare the different options available, and give advice that’s specific to your needs. We’ll take a holistic look at your current and future situation and discuss how long to have a mortgage over, whether to fix your monthly payments, how long to fix them for and more.

3. Calculate accurate borrowing figures

Beewise’s mortgage advisors collect the documents needed to review your financial situation and give you an accurate idea of how much you can borrow. And, because we work with so many different lenders, you could borrow more than you think. We’ll then get you an agreement in principle (AIP) – your provisional yes from the bank – often within 24 hours of receiving your paperwork. Most estate agents will want to see an AIP to confirm you’re a potential buyer, so if you’ve seen a house or need advice on a quick timescale we’re here to help.

4. Save you time

We’re experts on the different lending criteria required to get the most suitable mortgage for your needs and timescales. So whether you’re a first time buyer with a small deposit, self employed, have less-than-perfect credit, or just want the most suitable deal available to you, we’re here to do all the legwork and find you the right lender. We also offer same day appointments evenings and weekends, and work with estate agents and solicitors on your behalf throughout.

5. Share expert knowledge

A good mortgage advisor will have knowledge of the home buying process from start to finish, and be able to talk you through each step. From explaining the fees involved to knowing criteria around different property types, our expertise helps takes the stress out of finding a home. We especially recommend first time buyers use a Beewise advisor, as having us on hand throughout makes things a lot less overwhelming!

Liked this article? Then Pin it for later! For more expert advice, or to find out how much you could borrow towards a new property, click here to contact us or call 01934 204841.

With evening and weekend appointments available and a 5 star rating on Google, we’re here to make mortgages and protection easy.

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