A recent survey by compare the market found that 80% of people say that using a broker was helpful and really worthwhile. Nearly 20% didn’t think using a mortgage broker had helped them at all.
However, 44% of the ones that didn’t use a broker said they would be nervous next time to arrange again without the help of a mortgage advisor or mortgage broker.
The survey found that 25% of first-time buys went directly to their own bank to take out there mortgage, instead of shopping around for the best rate.
Surprisingly only 12% looked around the price comparison site when they took out there first mortgage.