I’m a first time buyer in the process of purchasing a property. I’m currently deciding between two brokers and would love to hear from anyone who has used either recently.
The two I’m considering are L&C Mortgages and Habito.
Both have been responsive so far and given me slightly different assessed borrowing figures. I’m not in a rush to formally instruct either just yet but want to make sure I’m making the right choice before I commit.
A few things I’d particularly love to hear about:
How was the experience?
How responsive and communicative were they once the process got underway?
Did anything go wrong and how did they handle it?
Did you use their recommended conveyancer and was that a good experience?
Anything you wish you’d known before instructing them?
Any experiences, positive or negative, would be really helpful. Thanks in advance
For a mortgage, the rate is the important thing. How fancy the app is, how smooth the comms, how nice they are, blah blah blah. It doesn’t really matter if they are going to cost you thousands and thousands in the long run.
We used a whole of market broker as my partner had multiple jobs with fluctuating income so just didn’t want the hassle of doing it myself.
I did try Habito and had no issues but went elsewhere.
It seems like a huge part but the bank will do a valuation and that has nothing to do with the broker. As long as they have access to good deals then that’s what you care about.
I chose local conveyancer. I’ve heard horror stories of online ones. For dropping off signed docs and worst comes to it, going to see them, local seemed better. But it doesn’t really matter who you choose, they’re all held up by others in the chain!
I’ve used L&C three times without any issues. In each case they got me a good deal and communication was excellent. I did try Habito once, but didn’t proceed with them; nothing major, but I preferred L&C as they seemed to be more straight forward / easy to deal with.
We tried Habito last time, and i cant remember exactly what the issue was, but we didn’t proceed with them.
We’ve just started the process of borrowing more for home improvements though L&C. They were great, although because its not a standard mortgage we need, they referred us to Propp.
