Find a Mortgage Adviser

While not mandatory, a mortgage adviser can save you time and money by searching the whole market for the best rates. They're especially valuable for complex situations like self-employment, bad credit, or buying unusual property types.

Many mortgage advisers offer free advice, earning commission from lenders when your mortgage completes. Some charge a fee (typically £250-£500) but may have access to exclusive rates. Always ask about fees upfront.

Bank advisers can only offer their own products, while independent brokers compare mortgages from across the market. Brokers often find better rates and can access exclusive deals not available directly.

From application to completion typically takes 4-8 weeks, though this varies. Getting a mortgage in principle (MIP) can often be done within 24 hours, which helps when making offers on properties.