When you need a mortgage, you can apply directly to a bank or use a broker. Both can work, but they suit different situations.

What Banks Offer

Their Products Only – Can’t access competitor deals.

Branch Access – Face-to-face meetings available.

Existing Relationship – Simpler process if you already bank there.

No Broker Fee – But rates may not be the best available.

What Brokers Offer

Market Access – Compare products from dozens of lenders.

Expert Advice – Know which lenders suit which circumstances.

Application Support – Handle paperwork and chase lenders.

Advocacy – Resolve issues using relationships and experience.

When Direct to Bank Makes Sense

Simple employed income, standard property, time to research yourself, or existing customer deals.

When Brokers Add Value

Complex Income – Self-employed, contracts, multiple sources.

Credit History Issues – Specialists know which lenders consider impaired credit.

Unusual Properties – Non-standard construction, flats above commercial, short leases.

Time Pressure – Efficient processing when deadlines are tight.

First-Time Buyers – Professional guidance helps avoid mistakes.

The Fee Question

Some brokers charge fees; others are paid by lender commission. Neither model is inherently better. Compare total mortgage cost, not just fees.

Finding a Good Broker

Look for FCA authorisation, whole-of-market access, relevant experience, clear communication, and reasonable fees.

How We Work

SJ Financial Solutions are whole-of-market mortgage brokers. Contact us to discuss your situation.