It is very important you understand whether you are getting information or advice when looking for a mortgage.
Some sales representatives in banks and building societies (and some mortgage brokers) will talk you though different mortgage options then leave it for you to decide which you’d like based on the information they have provided.
If opting to buy through your bank or building society, ask to buy based on advice. And always check with your mortgage broker or estate agent adviser whether you are being offered information only or advice.
Your adviser is obliged to make it clear to you what type of service you are getting and this will be set out in the document ‘Key facts about our service’. If you buy based on information only, you have few rights of redress should your mortgage turn out to be unsuitable for you.
The majority of lenders in Cardiff who offer mortgages do not offer advice. These include Principality Building Society, Natwest, Royal Bank of Scotland (RBS) Santander, C&G and HSBC.
At Neil Soundy Financial Services Ltd we are proud to offer advice on the mortgage market.
At our Cardiff offices we offer a free no obligation 1 hour meeting to discuss your mortgage requirements.
View the video on our homepage that explains how we can offer at least twice the choice of mortgages compared to a standard mortgage broker.
Giving local mortgage advice to all of Cardiff including, Pontprennau, Cathays, Roath, Cyncoed, Lisvane, Radyr, Lakeside, Whitchurch, Heath etc.
How Much Will It Cost Me For Your Advice?
A fee of £495 is payable on completion of the mortgage and Neil Soundy Financial Services Ltd will keep the commission received from the lender for arranging the mortgage.
Neil Soundy Financial Services Ltd is an appointed representative of HL Partnership Ltd which is authorised and regulated by the Financial Services Authority.
The Financial Conduct Authority does not regulate some forms of buy-to-lets.
We do not give or imply legal or taxation advice. We recommend you contact a solicitor or accountant for advice in these areas.
Think carefully before securing other debts against your home/property. Your home/property may be repossessed if you do not keep up repayments on your mortgage.
Request Call Back
We can discuss your current situation and the options available to you before arranging a free no-obligation meeting.