Spoiler: yes – and here’s how.
When it comes to getting a mortgage, there are two routes: you can go it alone and try to figure it all out yourself… or you can work with a mortgage advisor or broker to guide you through it.
But the big question on many people’s minds is:
Will using a mortgage broker actually save me money – or will it just cost me more?
It’s a fair question – and one we hear a lot at HLC Mortgages. So, in this article, we’ll break down exactly how a good mortgage advisor (like us!) can potentially save you time, stress, and – most importantly – a lot of money over the life of your mortgage.
Let’s dive in.
Access to Better Deals Than You Might Find on Your Own
Many people assume that by going directly to their bank or searching online comparison sites, they’re getting the best possible deal.
But here’s the thing: most lenders don’t advertise all their deals online, and some of the best rates are only available through brokers.
As a whole-of-market mortgage broker, we have access to:
- Exclusive deals not available to the public
- Specialist lenders who don’t advertise direct to consumers
- Bespoke options based on your unique circumstances
Even a 0.10% difference in your interest rate could save you thousands over the term of your mortgage – and that’s just one deal.
Expert Advice Tailored to Your Situation
Mortgages aren’t one-size-fits-all. Everyone’s circumstances are different – whether you’re employed, self-employed, have a growing family, are dealing with credit issues, or looking to move up the ladder.
A good broker doesn’t just look at the rates – we look at the whole picture, including:
- Your income and employment type
- Deposit amount and affordability
- Credit history
- Long-term goals (like overpaying or moving again in a few years)
We then recommend mortgage products that suit you – not just what looks good on paper.
That kind of guidance can stop you from getting stuck with a deal that ends up costing you more in fees, charges, or restrictions down the line.
Time is Money – and We Save You Loads of It
Searching for the right mortgage is time-consuming. There are hundreds of lenders, thousands of products, and a lot of small print to wade through.
As brokers, we do the legwork for you:
- Comparing deals across the market
- Contacting lenders
- Explaining the pros and cons in plain English
- Handling all the paperwork and chasing up any delays
You could easily spend weeks doing this yourself, or you could hand it over and get it sorted quickly and efficiently. And if you’re juggling work, family, or a move, that time saved is priceless.
We Help You Avoid Expensive Mistakes
Here’s something not many people tell you: not all mortgage rejections are equal. Applying for the wrong mortgage or getting declined can impact your credit score – and your chances with other lenders.
We’ve seen it happen: someone applies to the wrong lender, gets knocked back, and then struggles to get approved elsewhere.
Working with a broker helps you avoid this. We know which lenders are more likely to say yes based on your circumstances, and we’ll position your application in the best light.
A declined application can cost you weeks of time and potentially thousands in missed opportunities. We help you avoid that risk altogether.
Long-Term Planning and Support
A good mortgage broker isn’t just for today – we’re with you for the long run.
We’ll help you:
- Review your mortgage regularly
- Remortgage when your deal ends
- Plan for future moves, overpayments, or changes in income
- Navigate complex situations (like self-employment, adverse credit, or buy-to-let)
That ongoing support means you’ll always be on the best deal for your situation – not stuck on a high standard variable rate because you forgot your deal ended.
And that alone? Could save you £1,000s over the years.
What About Broker Fees?
Some brokers charge a fee for their service. At HLC Mortgages, we we’re completely transparent about our fees from day one.
But for most of our clients, that fee is a fraction of the savings we help them achieve. In fact, many tell us it’s one of the best investments they made during their home-buying journey.
Plus, we handle all the paperwork, admin, and follow-up – so you get peace of mind from start to finish.
Final Thoughts
So, will a mortgage advisor or broker save you money?
In most cases – absolutely. Between finding better deals, avoiding costly mistakes, and helping you make informed decisions that align with your life plans, working with a broker can pay for itself many times over.
And at HLC Mortgages, we’re here to help you every step of the way – whether you’re a first-time buyer, moving home, or remortgaging.
Want to see how much you could save?
Get in touch with HLC Mortgages today – no pressure, no jargon, just clear, expert advice that puts you first.