Neil Soundy

I am a Cardiff Mortgage Advisor in Cardiff that offers whole of the market mortgage advice instead of advice on only mortgages that pay commissions, like the majority of brokers offer, thus giving my clients a greater choice of the best deals for them.

We offer at least twice the choice of mortgages compared to a commission based adviser and a free 1 hour no obligation meeting to all new & existing clients.

The Process: At a free meeting we cover the basics of the various types of interest rates (standard variable, discount, tracker, fixed etc) risks & guarantees offered by these products.

We will advise on a maximum borrowing amount that matches your deposit, affordability, attitude to risk, taking into account any ongoing commitments. If required we can supply a mortgage promise to evidence you have a mortgage agreed in principle.

We will then take you through the mortgage research process in a clear & transparent manner, explaining which lender matches your requirements and why other lenders are rejected. E.g. reverting to a high standard variable rate, when your initial product finishes.

We will cover all the various options to protect your mortgage, from the basic home insurance to life/critical illness cover and income protection.

We will explain all the expenses on buying a home, including, mortgage arrangement fees, solicitors/disbursement costs, valuation/survey, stamp duty & estate agents fees. We can recommend a suitable solicitor & surveyor.

Based on your borrowing requirement we will give you a breakdown on monthly costs including protection. This figure is not guaranteed as interest rates fluctuate daily.

Once you have found a property we recommend a further meeting to finalise your borrowing & protection requirements based on the most up to date research. It is only at this meeting is the decision made to go with a commission paying mortgage with free advice or non-commission paying mortgage with a fee.

We can then progress your mortgage application through to offer & completion.

How is Advice Paid for? Mortgage advice can be paid by for by commission or fee.

Where commission is paid by a lender we would not charge a fee as we are receiving a payment from the lender.

Where no commission is paid, we charge a fee of £395 on mortgages up to £250,000 and £495 for larger mortgages.