Mortgage broker UK Mortgage definition

UK Mortgage definition

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Mortgage broker

A person or company who researches the mortgage market and may act as an adviser to clients seeking a mortgage, and as a point of contact between the client and the lender is called a Mortgage broker. Some mortgage brokers are tied to specific lenders and therefore only offer the limited product range from those lenders, or offer a limited service such as application-only service where the client chooses their own mortgage product. Many mortgage brokers are independent (as is Better-Mortgages) and can give independent advice on a wider range of products from different lenders.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
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Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

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