What Does a Mortgage Broker Actually Do?

Are you a first-time buyer?

Are you wondering what does a mortgage broker actually do?

If you’re buying your first home, chances are you’ve heard the term mortgage broker thrown around. But what do we actually do — and do you really need us?

The answer is YES, and we’ll explain why…

What Is a Mortgage Broker?

A mortgage broker is a qualified professional who acts as a middleman between you and mortgage lenders. Our job is to help you find the right mortgage for your circumstances by comparing deals from a wide range of banks and building societies — not just one.

Think of us as your personal shopper for mortgages, except we also handle the paperwork, liaise with the lender, and help avoid delays.

What Does a Mortgage Broker Do Day-to-Day?

Here’s what’s included when you work with a broker:

✅ 1. Mortgage Market Comparison

Brokers have access to deals across the entire market, including:

High street lenders
Specialist lenders
Exclusive broker-only rates

✅ 2. Tailored Mortgage Advice

We assess your individual situation — income, deposit, credit history, future plans — and match you with the right mortgage product.

✅ 3. Property Advice

We have extensive knowledge when it comes the UK property market and have a thorough understanding of the local area. We understand housing marking, meaning we’re able to negotiate prices with estate agents.

✅ 4. Paperwork & Application Handling

We’ll complete the application for you, request the necessary documents, and submit everything to the lender.

✅ 5. Problem Solving

Have adverse credit? Changing jobs? Self-employed? A good broker will know how to package your application to improve your chances of approval.

✅ 6. Support Through to Completion

From Agreement in Principle (AIP) to mortgage offer, and all the way to getting your keys, your broker helps keep everything on track.

Why Use a Broker Instead of a Bank?

Using a Bank	Using a Broker
Limited to one bank’s products	Access to multiple lenders
No advice if you’re unsure	Tailored, expert guidance
Risk of applying for the wrong deal	Application packaged for success
More DIY effort	Broker handles everything

Are Mortgage Brokers Regulated?

Yes — in the UK, brokers must be regulated by the Financial Conduct Authority (FCA). Always check for proper authorisation.

Do You Have to Pay for a Mortgage Broker?

Here, at LTC Mortgages, we offer a free, no obligation initial consultation. Fees then apply. This will be clearly discussed during your free consultation.

Final Thought: Is It Worth It?

Buying your first home is exciting, but it’s also one of the biggest financial decisions you’ll ever make.

Using a mortgage broker gives you:

Confidence you’re getting a good deal
Guidance from start to finish
Less stress and paperwork

At LTC Mortgages, we specialise in helping first-time buyers across the UK make smart, stress-free choices. Whether you’re ready to go or just getting started, we’re here to help every step of the way.

Book your free initial consultation with one of our expert brokers today.

Click Here To Book