[quote name='Monkey Steve' timestamp='1500468657' post='3338024']
It should also be pointed out that while there are some deals offered by lenders only via brokers, there are also some deals offered only direct to borrowers and not through brokers. Using a mortgage adviser is far more about them knowing the market than an assurance that they can find the lowest rates - there are estimated to be about 6,000 different mortgage deals and where they earn their money is knowing which lenders are best suited to what you need (for instance who won't lend if you are buying a flat over a shop, who is more likely to say yes if you have a less than stellar credit rating, etc). Using the wrong adviser may not save you any money if they aren't looking at the right products...
[/quote]
or, selling you a completely inappropriate product because they get the best commission from it. As the FA did to me when buying my first house.