When first time buyers in Sunderland is looking at purchasing a property, you do not need to go with the Estate Agency Advisor. The Agent may intimate that you may lose the property if you go with someone else, but that is not the case.
The Estate Agents earn extra commission from you when you use their additional services. People do not like being “sold” to so here are some of the tactics to look out for:
There are several other ways you can arrange a mortgage without using the Estate Agent. In this article, we will try to help you decide whom to use for your Mortgage and also how to make sure you are receiving value for your money!
Some people are confident using price comparison websites to get an idea of the rates available. Remember it’s essential to take advice at some point in the process, buying a house is a huge deal, and it’s critical you get it right.
You could arrange a mortgage directly with your Bank. Lots of people used to do this but not so much anymore. People’s trust in the advice they receive from Banks is much less than it used to be.
Some Homebuyers are reluctant to hand over their financial details to an Estate Agent. They are worried that the Vendor might find out what a strong financial position they are in and end up paying too much for the property.
Some Estate Agents May initiate that their Vendor would prefer you to arrange our Mortgage in-house. In any case, this won’t be true – all the Vendor cares about is that you are in a financial position to proceed.
Go and see a Mortgage Broker not connected to the Estate Agent and ask for an Agreement in Principle. You can then provide this document to the Estate Agent to prove you are in a “proceed able” position. You will also get asked to evidence your deposit and ID.
A good Mortgage Broker in Sunderland like us can guide you through the full process of buying a home and give you Open and Honest Mortgage Advice in Sunderland. contact us and Take up and offer of a free mortgage consultation and find an Advisor you like and trust, need some reassurance check our reviews page.
Date Last Edited - 11/08/2020