don't cut your own hair

Why I Don’t Cut My Own Hair!

There are lots of things I could do, but I choose not to. Usually because I’m not qualified, not experienced or don’t have the time to master the skills required to do the job and complete the task!

I could cut my own hair, but I don’t. Came close in lockdown but chose instead to wait and put my “barnet” in the hands of a qualified professional.

Same could be said for decorating, gardening etc…

Why should getting a mortgage, probably the most expensive purchase of your life, be any different??

A Mortgage Broker or Financial Advisor is a person who can arrange a mortgage between you (the borrower) and a mortgage lender. They’ll work directly with you to help you decide what kind of mortgage you need, and then find a deal that matches your criteria – whether you’re a first-time buyer or looking to remortgage your current home.

They’ll deal with the entire process – from end to end. 

  1. Assess your requirements.
  2. Match your needs to the best deal possible.
  3. Make recommendations based on your specific needs.
  4. Deal with the application – and all the admin! 

Never underestimate the sheer amount of paperwork that needs to be completed and the number of times you will have to call the lender, solicitor, valuer, and the 60+ minute call waiting time. 

Every applicant and their situation is different and there is no right or wrong way to secure the best “fit” mortgage for you. 

So how do you choose a mortgage broker that’s right for you?

 Here’s 5 things to consider when choosing the right mortgage broker for you:

  1. Ask people you trust. A great recommendation goes a long way when it comes to something as important as choosing your mortgage broker. You might want to ask friends and family that have previously bought their own home about their own experience with brokers and if they have any recommendations.
  2. Ask your network – your estate agent usually knows mortgage brokers from working in the same area, so asking if they recommend anyone can be worthwhile. Banks have their own mortgage advisors, so you should talk to one where you currently bank. They know your financial situation so they can quickly tell you your options with them (but remember they’ll only recommend mortgage products that they have access to)
  3. Do your research online  – you can search locally or look for experts based on the type of advice you need, and check out their online reviews.
  4. Don’t just stick to the high street. Many new brokers focus their business on the internet, so if you only search offline you may miss out on potential options. 
  5. Check their experience and qualifications. A broker should be fully qualified. To check, you can search the financial services register. 

Remember buying a home is usually the most expensive purchase in your lifetime, so making sure you build a relationship with someone you like and more importantly trust, is critical to ensure you make an informed decision.

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So, if you have all the time in the world and you have a squeaky clean credit history, you’re employed and your application is fairly straightforward – go for it! 

However if you want to save yourself time and stress then work with a mortgage broker! 

Finally, would you cut your own hair?

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I work as a qualified and experienced mortgage broker with Five Valley Mortgages and a qualified Financial Coach – I have helped literally thousands of people secure their dream homes and I have seen both sides – this done well and not so well.

I am expertly positioned to help you achieve your financial and mortgage goals. 

Call me on 07969 859749 or email chat@rachelrowley.co.uk and let’s chat! Here’s my mortgage website – Five Valley Mortgages

Rachel x

** Think carefully about securing a mortgage against your home. Your home may be repossessed if you fail to keep up with the mortgage payments.