Answer: A Mortgage Broker.
1. A broker knows all of the lenders guidelines. They know what you need to do in advance to suit the guides and will provide you with every opportunity to get the loan approved.
2. A broker is more proactive with the guidelines as opposed to the Lender who is reactive. By the time you go to the Lender you will need to have all of the items in order, they wont give you the hints and tips on what to do.
3. As brokers they are not linked to any one institution, Brokers have access to most institutions. They don't have targets on any specific product or institution so they can concentrate on giving you the best loan every time, not the loan that will just suit their target.
4. Brokers get paid by the banks, it does not cost you anything to see a broker.
5. Your Broker has access to a panel of related industry professionals - accountants, solicitors, building inspectors etc. Professionals that your Broker regularly works with, providing a one stop shop for your property purchase.
Working with a mortgage broker can provide you with the peace of mind that you are receiving all the information required and expert knowledge to assist you in making one of your biggest financial decisions.