Monthly Archives: January 2019

Independent Mortgage Advice in Manchester

Manchester, the capital of the North West of England has a population of approximately 550,000 people, with the larger area of Greater Manchester having over 3 million people living inside it’s boundaries.

Popular areas where house buyers want to live include Wythenshawe, Didsbury, Monton, Swinton and Stockport. In my time, I have lived just outside Monton and Bury. In my experience, finding a decent mortgage broker to suit my needs was essential.

Ramsbottom, Bury during festival weekI found my house in Ramsbottom, Bury from an estate agents called Weale and Hitchen. Most estate agents will have a tie-in to a mortgage advisor that they use, but really if you’re smart, you’ll appreciate that this is often a “I’ll scratch your back if you’ll scratch mine” situation and you’ll often pay over the market rate for the service.

The best advice I can offer for personal experience is to use an independent mortgage broker who (because they are independent) will give you objective advice rather that some subjectively questionable advice.

The advice of an independent broker will usually be charged for, but I found the fee (of approx £395) was absorbed within the first 6 months of mortgage payment as they found me a good mortgage deal that was £70 per month cheaper than the one I’d been advised to take by another advisor !!