Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. Deal Direct is a trading style of Deal Direct Financial Solutions Ltd which is authorised and regulated by the Financial Conduct Authority for regulated mortgage and non-investment insurance contracts. Our FCA Number is The overall cost for comparison is estimated to be 4.
Return your item to Deals Direct for FREE
Using a broker can be more expensive in the short term because they charge fees. But if they find you a cheap mortgage deal, you could save thousands. Finding a deal yourself means you pay no broker fees. This means it can be the cheapest option - but only if you know how to pick the right mortgage for your finances. You can arrange your mortgage with your bank or building society directly.
But applying for a mortgage with your usual bank isn t always the best option. Just because you arrange the rest of your finances with a particular bank, it is unlikely that they will give you preferential treatment when you apply for a mortgage. You ll be put through the same rigorous checks as any other customer and are unlikely to be offered any special rates just because you bank with them. You will also be limited to just their own mortgage products they offer, significantly restricting the variety of deals available to you.
A mortgage broker is an intermediary who will help you to find and arrange a deal on your mortgage. There are three different classes of mortgage brokers regulated by the Financial Conduct Authority FCA and each differs on the range of deals they are able to access and consequently, the scope of advice they are able to offer.
Whole of market brokers - Offer access to all of the mortgage products on the market made available to mortgage brokers. In general, whole of market mortgage brokers will be your best option as they are free to find you the best deal on your mortgage by comparing all of the options made available to them without being restricted to certain products or lenders. As whole of market is an FCA regulated term, a mortgage broker must make it clear to you exactly what kind of advice he or she is able to offer.
The easiest way to find out this information is simply to ask a potential broker whether they are able to offer access to "whole of market" i. This information will also be detailed in the Key Facts document a mortgage provider will give you at your first meeting. According to FCA regulations, a mortgage adviser that advertises themselves as independent should offer you access to whole of market mortgage deals and offer you the option of paying by a fee to remove the risk of bias towards any one lender.
Fees - Some mortgage brokers charge a fee for their services. This will either be on an hourly or flat fee basis and can either be charged up front or on completion. Using a fee-based broker service can help to reassure you that they will make their recommendations based on your best interests rather than on which deal will earn them the most commission.
Commission - Fee free mortgage brokers are compensated directly by lenders when they arrange a mortgage which means their services will not be at any additional cost to you. The FCA have regulations and checks in place to ensure that brokers working on commission offer their customers genuinely independent advice without being influenced by their potential earnings from a deal.
In this instance they may offer to offset some of the commission earned against the cost of your deal. Not all of the mortgage deals offered by banks and building societies are available through brokers; some deals are reserved for clients who arrange their mortgage directly. The extent to which banks and building societies offer direct only deals varies; some providers will offer some products through brokers as well as exclusive deals available to direct customers, while others have no dealings with brokers at all.
Technically, while a good whole of market mortgage broker will still include these independent products in their comparison, it is not compulsory for them to do so. As a result there is potential that you may miss out on a good deal simply because it is outside the scope of products your lender covers. Additionally, some banks and building societies offer discounted mortgage rates to direct customers who already hold certain other financial products with them.
Again, if you go through a mortgage broker you would not be able to take advantage of these. The main disadvantage of dealing direct with a bank or building society is the limited choice of mortgage options that become available to you, both in terms of the type of products and individual deals on offer. Your choice of mortgage deals will be restricted to the lender s products alone and it is possible that they will only offer certain types of mortgage deal, potentially meaning that you miss out on the best option for your personal circumstances.
The main advantage of arranging your mortgage through a whole of market broker is the wide range of mortgage products you will have immediate access to. A broker will have the experience, connections and technology to assess your financial situation and compare the different mortgage products and deals available and recommend a loan option that s right for you. What s more, as mortgage deals are getting harder and harder to come by, working with a reputable mortgage broker will ensure that you get the chance to apply for the best deals as soon as they become available.
Many lenders, particularly those that offer specialised mortgage products, operate exclusively through brokers and as a result enable them to offer deals that wouldn t be available to you otherwise. If you are not familiar with the different types of mortgages available, knowing where to start looking for a new deal can be overwhelming to say the least; this is where a mortgage broker comes in really handy. They can explain the range of deals available to you in a way that you understand and advise you as to which is likely to be most appropriate for you.
This is particularly helpful as your mortgage broker will be able to suggest which lenders will be most likely to approve your application, removing the risk that you will damage your credit history by getting multiple applications rejected. Applying for a mortgage via a broker usually means that you save a considerable amount of time and legwork by cutting down on both the research you need to do and the number of applications you need to fill in. Typically you only need to provide your information to mortgage broker once and they ll be able to use it to find a suitable deal and submit an application.
The main disadvantage of arranging your mortgage through a broker is that you risk missing out on deals that are available exclusively to direct customers. Having said that there is nothing stopping you from continuing to investigate direct deals yourself while working alongside a mortgage broker, if they are unable to do this for you. If you arrange your mortgage via a broker you may need to pay out extra to cover fees for their service and this can be an added cost at an already expensive time.
The best way to overcome this is to use a fee-free broker if possible. However, it is worth remembering that the additional cost of a reputable broker should be weighed against the considerable savings that can be made by a broker helping you to find the best mortgage for your circumstances. By taking either approach in isolation you run the risk of missing out on the right mortgage deal for your circumstances, consequently it can be a good idea to combine the two.
This way you get the best of both worlds, comparing deals only available via a broker with those only arranged directly and giving you a full picture of what is available on the market. Our site can help you to research the best deals available , but beware of following headline rates alone as they only represent part of your total mortgage costs. Other factors such as introductory periods, fees and the general direction of the market all need to be taken into consideration too.
If you decide to use a broker then make sure you choose one that offers access to whole of market data so that they are in a position to give you the best possible advice. Read our guide How to Interview your Mortgage Broker to find out how to make sure you get the best service possible. Once you have found a reputable broker, don t rest on your laurels; it is important to make them work for their money.
Research the products they recommend and ask why they believe these products are better suited to your needs than any of the other deals available. Any broker worth their salt will be able to explain their choices to you clearly and confidently in a way that you understand. Our mortgage advice service can put you in touch with a reputable, whole of market broker in your area. At the same time, it is worth reviewing some of the direct only deals available via banks and building societies just in case they present a better offering.
Compare these direct deals with the recommendations your broker has made. It is worth taking the time to research all your options and find the right deal for your circumstances as both the rate and type of mortgage you choose will impact the overall amount you pay for your home. Ultimately, finding the best possible mortgage deal will help you to make big savings over the term of your mortgage.
On a final note, whether you end up arranging your mortgage direct or through a broker it is important to be aware of cross selling. It is likely that the person providing your mortgage will attempt to boost their sales by offering to arrange life assurance, income protection or even home insurance for you. While this can be a useful resource it is important that you take the same precautions you did with your mortgage to make sure that you are getting the best deal.
Make sure that they are offering you whole of market comparisons and do your own research to see how the cost and level of cover compares. If you re a first time buyer or looking to move house or remortgage, we can help you find the best mortgage deal to suit your needs by comparing the best rates available. Sign up to receive our e-mails, containing the latest financial news and deals and money saving help. We don t sell your personal information, in fact you can use our site without giving it to us.
Here are all the advantages and disadvantages of using a mortgage broker vs applying for your mortgage direct. This will help you decide on the best way to find a mortgage. Here is how to find a mortgage for your circumstances yourself. Exclusive direct only deals No broker fees Limited choice of mortgage products Limited choice of mortgage deals. Whole of market comparison Exclusive broker-only deals Impartial advice Convenience No direct-only deals Possible broker fees.
What to look for from your mortgage broker. Find a mortgage broker here. Compare mortgages If you re a first time buyer or looking to move house or remortgage, we can help you find the best mortgage deal to suit your needs by comparing the best rates available. In this guide. What are your options? Direct deal Mortgage broker What types are there? How do brokers get paid? Dealing direct - the advantages Exclusive direct only deals No broker fees Dealing direct - the disadvantages Limited choice Mortgage brokers - the advantages Whole of market comparison Exclusive deals Advice Convenience Mortgage brokers - the disadvantages No direct deals Possible broker fees How do I ensure I get the best mortgage deal?
Related guides. Check if your money could be working harder Sign up to receive our e-mails, containing the latest financial news and deals and money saving help. Email me about deals, news and money saving help from trusted property and financial partners. You ve successfully signed up to our email updates. Why check with us? We don t sell your data We don t sell your personal information, in fact you can use our site without giving it to us. We check out every company we list Our data experts check the companies we list are legit and we only add them to our comparisons when we re happy they ve satisfied our screening.
We re a team of money experts We re totally passionate about giving you the most useful and up to date financial information, without any fancy gimmicks. OK, I accept.
Electrical Deals Direct
Eye Doctor. Become Recommended Business. Claim This Business. Improve this business. Boots Opticians Ltd.
Unveiling unaudited result for the six-months ended 31 December overnight in the UK, Mysale — which owns local online marketplaces ozsale, oo.
Choose a departure range of up to 1 month if you have not selected a specific cruise line or Choose a departure date range of up to 3 months if you have selected a specific cruise line. We support the Travel Aware campaign. Stay safe and healthy when travelling abroad for the latest advice from the Foreign and Commonwealth office click here. We are open from Excellent Service It matters to us that we find the cruise that is right for you! We provide great service, every time.
Electrical Deals Direct are independent experts in hand dryers, instant boiling water appliances and electric water heating. They provide hundreds of different brands to the trade and commercial customers around the UK. Electrical Deals Direct is a new type of online provider of specialist products to the trades. Offering products at the best prices goes without saying. But we work hard to offer a lot more; as well as fast delivery and customer-focused service, we can give you expert, accurate and independent advice on products in our specialty areas.
Please note that all salary figures are approximations based upon third party submissions to Indeed. These figures are given to the Indeed users for the purpose of generalised comparison only. Minimum wage may differ by jurisdiction and you should consult the employer for actual salary figures. Skip to Job Postings , Search Close. Upload your CV Sign in. Advanced Job Search. Deals Direct jobs in Irlam Filter results by: Salary Estimate. Job Type.
Experienced sales team
Our Delivery service is convenient, fast and reliable and we aim to deliver the next working day. Deliveries to Northern Ireland and the Scottish Highlands will take an additional two working days. Unfortunately, we are unable to offer delivery outside the UK, due to the delicacy and international delivery costs. We recommend finding a local wine specialist in your area to help you enjoy the great wines we offer. Wine Deals Direct offers full refund or replacement for any wines that are faulty. We may require faulty bottles to be returned to us, and will arrange this as necessary at your convenience.
Watch this company for free updates
Write Your review. Thank you for helping other customers to make an informed decision. Review Another Company. When a review is marked "Verified" , it means Reviews. Customers reading the reviews can then use this information to help them decide which reviews are more relevant and steer them in their purchasing decisions. Even though some reviews do not carry the "Verified Reviewer" badge, it does not mean that the reviewer has no experience with the company - it just means that we could not confirm a specific purchase. The "Verified Reviewer" badge offers one more way to help gauge the quality and relevance of a company review. If we are unable to automatically verify you as a "Verified Reviewer" , you can email supporting documents to support reviews.
Unfortunately we have encountered an unforeseen delay in Tracking I have been trying to find out where my item is from order made on the 8th of January. I am waiting for a response from a Ikram from the 20th of March in regards to enquiry This has been going on since the 23rd of January. I have been waiting for the I asked that it was lodged into my bank account or preferably a cheque. I was told that it was refunded on I purchased an out door setting from deals direct at the end of
Good experience and the person I spoke to actually knew quite a lot about the wine I was after and suggested a suitable alternative. It arrived really quickly and I will be using this company again - in fact at the time I ordered more than intended just because the service was so good.
DealsDirect parent reduces first-half losses
Click here to sign up. Why do we display adverts? The advertisements supplied by our carefully selected sponsors enable us to host and support the company data we share with our free members. Simply enter your email address below and we will send you an email when the company files any documents or there is a change to their credit report. We require your email address in order to send you alerts by email. You can unsubscribe at any time. Your plan will start immediately and the time remaining on your existing plan will be refunded. For a full in-depth analysis on each of these directors, click any of the links below. Sign Up Today to unlock this company s full accounts. Log In. Forgot your login details?
Book ½ price hotels, rail & theatre breaks
Using a broker can be more expensive in the short term because they charge fees. But if they find you a cheap mortgage deal, you could save thousands. Finding a deal yourself means you pay no broker fees. This means it can be the cheapest option - but only if you know how to pick the right mortgage for your finances. You can arrange your mortgage with your bank or building society directly. But applying for a mortgage with your usual bank isn t always the best option. Just because you arrange the rest of your finances with a particular bank, it is unlikely that they will give you preferential treatment when you apply for a mortgage.