Skip to content Skip to footer

Mortgage Advice: Do You Really Need One?

Whether it’s your first time buying a property or not, you may wonder if you must get professional mortgage advice. To know the answer, read on as we share information that can help you decide:

Why Is It Often a Requirement That Homebuyers Get Mortgage Advice in the UK?

There are many reasons why it is typically required that homebuyers get mortgage advice in the UK. One of the main reasons is that the mortgage market in the UK is highly complex, and many different products are available. This can make it very difficult for people to understand all of the various options and make the best decision for their individual circumstances.

Another reason is that applying for a mortgage can be very stressful. There are a lot of different forms to fill in and a lot of other things that need to be taken into consideration. This can all be overwhelming for people, particularly if they are not used to dealing with financial matters. A mortgage advisor can help remove some of this stress by guiding people through the process and helping them understand all the different options.

Finally, it is also worth noting that getting mortgage advice can often save people a lot of money. This is because a mortgage advisor can search the market for the best deals and negotiate with lenders on their behalf. This can end up saving people a significant amount of money over the course of their mortgage.

What Are the Risks of Not Getting Mortgage Advice?

There are many risks associated with not seeking mortgage advice when taking out a home loan. These include:

  • You may not be aware of all the different mortgage products available to you, so you may not choose the most suitable one for your needs.
  • Without expert advice, you may not be aware of the potential pitfalls associated with certain types of mortgages, such as interest-only loans.
  • You may end up paying more for your mortgage than you need to, as you won’t have access to the latest deals and discounts.
  • If you’re unsure about your mortgage’s terms, you could inadvertently breach the contract, which could lead to serious financial consequences.
  • If you have issues with your mortgage, you won’t have anyone to turn to for help and advice.

When Should You See a Mortgage Adviser?

There are a few critical times when it’s imperative to seek out a mortgage adviser:

  • If you’re a first-time buyer: Taking out a mortgage is a big financial commitment, so it’s vital to get expert advice to help you make the right decision. 
  • If you’re self-employed: Self-employed borrowers often face more challenges when getting a mortgage. A mortgage adviser can also help you navigate the whole process and find a mortgage that meets your needs.
  • If you have bad credit: If you have bad credit, it can be difficult to get a mortgage. A mortgage adviser can help you understand your options and find a mortgage that’s right for you.
  • If you’re looking to remortgage: Remortgaging can be a great way to save money, but it’s crucial to get expert advice to ensure you’re getting the best deal. A mortgage adviser can help you compare deals and find the right mortgage for you.


Getting mortgage advice is important for all homebuyers. It is essential to compare different mortgage products and interest rates before deciding. A mortgage advisor can help you understand the pros and cons of each option and make an informed decision.

Everest Mortgage Services can give you expert mortgage advice tailored to your specific needs. Whether you’re trying to secure a home loan for the first time or looking to refinance, you can trust that you’ll get sound advice from reliable professionals at Everest Mortgage Services. Contact us to set an appointment!