Quick Answer: Going direct to your bank can be simpler if you already have a strong relationship and a straightforward situation, but a mortgage adviser generally offers wider comparison across lenders, more negotiating leverage, and support with paperwork - all typically at no direct cost to you.
The Case for Going Direct
If you already bank with a lender offering competitive current rates, and your situation is straightforward - stable PAYE income, a standard deposit, no unusual credit history - going direct can be genuinely simple. You deal with one point of contact, often someone who already knows your banking history, which can speed up parts of the process.
The Case for an Adviser
An adviser's main advantage is comparison: they can see live offers across most major banks and some non-bank lenders simultaneously, rather than you contacting each one separately. This matters most if your income is non-standard, your deposit is on the smaller side, or you simply want confidence you're not leaving a better rate on the table.
- Wider comparison across the lending market in one conversation
- Often negotiate better rates or cashback than a walk-in customer would get
- Handle paperwork and chase approvals on your behalf
- Free for most standard residential home loans - paid via lender commission, not by you
Common Questions, Answered
Quick Summary
- Going direct suits simple, strong-relationship situations.
- Advisers offer broader comparison and negotiating power, usually at no direct cost.
- Complex income or smaller deposits tend to benefit most from adviser support.
- Nothing stops you comparing both paths before committing.