Buying a home is the biggest purchase you will ever make – unless you have a taste for gold plated Lamborghinis.
Most buyers approach their local bank manager for a mortgage. People tend to get confused by financial jargon and go for what they consider to be the easiest solution by saying yes to a single option.
Why don’t we shop around as we do for our annual insurance quote which, let’s face it, is a drop in the ocean to a 30-year repayment commitment?
We spoke to leading broker Mortgagecare.ie about why people should engage the services of a broker. The reasons they outlined make what can be a difficult road to a mortgage suddenly easier to navigate. This is relevant to first-time buyers and those trading up or down.
Opting to go with a broker can be the single biggest saving you can ever make. People are busy and under stress when trying to look for a house.
Brokers have all the leading lenders on their books and will do the time-consuming shop-around to get you the very best deal. Mortgagecare.ie who have been dealing with Irish customers for over 30 years also say that even after the mortgage is drawn down and you are happily ensconced in your new home they will continue to keep hunting for a better deal for you.
They are constantly searching for better options as the market changes, these could be advising on fixing at a particular interest rate, or advising on another deal to shorten repayment terms.
So whether it’s a studio flat or the dream family home, let a broker identify what is the very best deal for you.
See more at mortgagecare.ie or call 1890 336600.
