Jump to content

Mortgage advisor or financial advisor or both?


Recommended Posts

Hello, 

Im just looking for some advice, i need both mortgage advice and financial strategy advice as to what to do with my properties. Does this exist in one person or do you need to talk to the individual people?

 

thanks

 

Link to post

Hi Newbie,

I'm both a mortgage adviser and a financial adviser (though I don't "do" mortgages these days).  I suggest that this is a bit of Horses for Courses: if your bigger focus is on the financial strategy advice, then go with the financial adviser: they are necessarily qualified to a higher level than a stand-alone mortgage broker has to be, and and thus authorised to provide financial planning advice.

Using myself as an example: whilst I know about how the mortgage market works, what is required and so on, because I'm not doing mortgages regularly I don't have my finger on the pulse and thus would not the right person for specialist mortgage work.  However, "bigger picture" financial planning is my daily job ...

So, it depends on what the more immediate need is, and whether you'll find a jack-of-all trades IFA or you get the right tool for the right job (if you get my drift?)

Good luck!

 

Link to post

Totally agree with @paulrh on this. You need specialist knowledge in each area. An IFA will be able to recommend a good mortgage broker they know and vice versa. 
 

All the best

Scott

Link to post
  • 2 weeks later...

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...