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Mortgages in Cardiff

How do I get true comprehensive advice on all lenders and mortgages?

Due to the credit crunch, a “whole of market mortgage adviser” may now not offer you the best deal if they are only comparing and using lenders that pay them commission. In contrast I (Neil Soundy) use software that enables me to source broker mortgage products where I receive commission AND direct to lender deals where no commission is payable.

The table below shows the huge extra choice of mortgage deals offered by myself compared to an adviser who only offers commission based products. A bigger deposit offers more choice and a better rate.
(Correct as at 01/11/09)

How do I pay for this advice?

On mortgages where we do not receive commission from the lender (direct to lender deals) we charge a fixed fee of
£350. This is payable on completion. The four major benefits of direct to lender deals as opposed to commission paying only deals are that they usually offer:

On mortgages where we receive commission (broker mortgage products) you have two options. We can retain the commission and you pay no further charge or you can pay a fee of 0.5% of the amount borrowed and any commission that we receive from the lender will be refunded to you.

It is your choice to go with a mortgage that pays commission from the lenders or pay a fee. If you choose to pay a fee you are more than compensated due to the lower rates that can often be obtained on the direct to lender mortgages.

If you have already spoken to an adviser, I would recommend that you check to see if they have offered you only commission paying mortgages.

I am able to source from a range of insurers for protection products needed to cover your borrowing and can give recommendations on a suitable solicitor and surveyor.

I recommend that you arrange an initial meeting (at no charge) to see how this additional choice benefits you.

Your home may be repossessed if you do not keep up repayments on your mortgage