When it comes to getting a mortgage, most people tend to default to their bank. It’s familiar, it’s easy, and it feels like the safe option. But is it the best option?
As the Director of a mortgage brokerage, I’ve seen both sides of the fence—and I can tell you, going through a mortgage broker can offer significant advantages that most borrowers simply aren’t aware of. Let’s break it down.
1. Choice vs. Limitation
When you go to a bank, you’re limited to the products that the bank offers. That’s it. You could be the perfect candidate for a better deal elsewhere, but if your bank doesn’t offer it, you’ll never know it even existed.
A mortgage broker, on the other hand, has access to a wide panel of lenders—including high street banks, specialist lenders, and niche providers that don’t deal directly with the public. That means more choice, and better chances of securing a mortgage that actually fits your situation.
2. Expertise That Works for You
Brokers live and breathe mortgages. While your bank advisor may offer a decent product knowledge, they’re ultimately working for the bank. Brokers work for you. That’s a key distinction.
We assess your entire financial picture—income, credit history, employment type, future plans—and then recommend a mortgage product that genuinely suits your goals. Whether you’re a first-time buyer, self-employed, or remortgaging, we tailor solutions that banks simply can’t (or won’t) provide.
3. Speed and Service
With a bank, you might be one of hundreds of applications sitting in a queue. Brokers can often fast-track applications by working closely with underwriters, pre-packaging your case so it’s cleaner and more likely to be accepted the first time.
Plus, we handle all the chasing, checking, and admin. So you get peace of mind and your evenings back.
4. Access to Exclusive Deals
This one surprises people. Many lenders reserve some of their best rates and products exclusively for brokers. That’s right—there are deals you simply can’t get by walking into your local branch.
5. Support Beyond the Application
A good broker doesn’t disappear once your application’s in. We keep you informed every step of the way, and we’re still here years down the line when it’s time to remortgage or if your circumstances change.
So, Should You Use a Broker or a Bank?
In short: if you’re after choice, tailored advice, and real value, go with a broker. If you’re comfortable sticking with whatever your bank offers—and potentially paying more for the privilege—then that’s always an option too.
At AS Mortgages, we make the entire process simple, transparent, and stress-free. Whether you’re just starting out or ready to apply, we’re here to help you find the right mortgage for your future.
Find out more at as-mortgages.co.uk
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