New service launched for consumers looking for mortgage advice
September 12, 2008
In the current financial climate many people that are looking to take out a mortgage are also looking for quality financial advice from an experience, qualified, and trained industry officials to help them avoid making any mistakes when deciding on the right mortgage product. However, finding the right person to advise you isn’t always easy, and many people find themselves getting poor advice from someone that is not really suitably qualified or experienced in this field.
The firm impartial.co.uk has recently launched a new service whereby consumers will be able to search a database of financial advisors in order to find a professional that suits their needs in terms of their qualifications, experience, specialist field, or even the postcode area that they are in. Over five thousand authorised mortgage advisors will be on the list, giving consumers plenty of choice when it comes to finding the most suitable one. This includes whole of market advisors, independent mortgage advisors, and independent financial advisors.
According to an official from impartial.co.uk: “In the current climate, whole of market mortgage advice has never been more important. We have seen a lot of lenders tightening their lending criteria and withdrawing products from the market altogether. The latest IMLA statistics show that intermediaries were responsible for generating 80% of mortgage business in the first quarter of 2008, clearly highlighting that mortgage advice is growing in importance.”
She continued: “We believe that Impartial.co.uk is a unique mortgage broker search, offering a consumer friendly and most importantly a confidential way to source mortgage advice. We expect Impartial.co.uk to become a significant referrer of business to mortgage advisers in the future.”
Recenrt Additions:
- Increased stability for mortgage product numbers on market
- How are estate agents bearing up to the housing crisis?
- Low fee mortgages from Abbey for those with sizeable deposits
- ortgage approval levels plummet in one year
- Some signs of the weakening economy
- Many consumers could experience problems with remortgaging Some industry officials have expressed concerns that many people who are hoping to remortgage over the coming months could experience severe difficulties, not only because of the lack of mortgages on the market at present
- July saw biggest house price fall on record According to recent reports from a leading lender the month of July saw the biggest annual house price drop since records began, which was in 1991. House prices for the month fell by 1.7%, which
- Loss of sleep for estate agents The state of the mortgage and housing market has been in steady decline in the UK for a number of months. The number of mortgages and the availability of mortgages has dropped dramatically over the
- Higher mortgage costs for many homeowners A recent report has shown that nearly one and a half million homeowners could be facing soaring mortgage repayments costs as a result of their cheap fixed rate mortgages coming to the end of their
- Offers on properties being dropped just prior to exchange A recent report has highlighted a problem that many homeowners are now experiencing, with the housing market having swung abruptly from a sellers market to a buyers market. Many homeowners are now experiencing difficulties in
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