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5 Best Mortgage Brokers in Dundee

5 Best Mortgage Brokers in Dundee

  • Mortgage Broker Service – We assessed the efficiency of each broker's service, as well as the range of lending networks they have access to.
  • Credentials – We also measured each broker's trustworthiness and expertise, based on their years of experience and accreditations.
  • Responsiveness –  We looked at how attentive, accessible, and helpful each broker is to clients who have questions or requests.
  • Value-Added Services – We reviewed the additional services that each mortgage broker offers, which can help them become a one-stop shop for clients.

We know you’d rather be Googling cat videos than mortgage terms, so let’s leave the numbers to the professionals and keep that cat feed scrolling! 

Our curated list highlights the top mortgage brokers in Dundee, ensuring you receive expert guidance tailored to your unique needs. Whether you’re a first-time homebuyer or looking to refinance, let them pave the way to your dream home.

1. Mortgage Advice Bureau

Mortgage Advice Bureau's Homepage

Services: First Time Buying, Remortgaging, Homemovers, Buy To Let, Affordable Housing Schemes

Website: https://www.mortgageadvicebureau.com/mortgage-advisers/dock-street-dundee/mortgage-broker-dundee/

Address: 21 Dock St, Dundee DD1 3DP, United Kingdom

Contact Details:  +44 1382 808000

Operating Hours: Mon-Fri: 9AM–5:30PM

Google reviews score5/5
Facebook reviews score5/5
Score consistency5/5
Total Reviews5/5
Mortgage Broker Service5/5
→Efficiency5/5
→Range of Lending Networks5/5
Credentials4/5
Responsiveness5/5
Value-Added Services5/5

Pros

  • Has access to over 12,000 mortgages and over 90 lenders
  • Has over 2,000 advisers across the UK
  • The only mortgage intermediary to float on the London Stock Exchange
  • Supports the Mortgage Advice Bureau Foundation Fund
  • Has a Mortgage Advice Bureau app

Cons

  • Charges a fee for mortgage advice
  • Might lack the personal touch that smaller firms excel at

We think Mortgage Advice Bureau is a solid choice if you’re looking for a trusted mortgage broker in Dundee. 

First off, they have access to over 12,000 mortgages from over 90 lenders. This means that they can find a mortgage that fits your needs, even if you have a complex financial situation.

Another strength is their large team of advisers. They have over 2,000 advisers across the UK, so you can always find an adviser who is local to you.

We’re also impressed with their milestone achievement as the first – and only – mortgage intermediary to float on the London Stock Exchange through the Alternative Investment Market (AIM) in 2014. We think this shows their financial prowess.

They even have a charitable arm, the Mortgage Advice Bureau Foundation Fund, which was established in 2022. This charity offers vital support to local community-based initiatives in achieving their fundraising objectives.

Unlike other firms, they have a Mortgage Advice Bureau app, a digital mortgage coach tailored to aid in saving, planning, and monitoring your home-buying endeavour. This app offers valuable support, especially for first-time buyers.

However, there are also some potential considerations for prospective clients. Mortgage Advice Bureau charges a fee for their services, which can range from 0.3% to 1% of the amount borrowed, while some competitors offer free mortgage advice. 

Additionally, as a large company, Mortgage Advice Bureau may not be able to offer the same level of personal service as a smaller firm.

2. First Mortgage

First Mortgage's Homepage

Services: First Time Buyer, Remortgage, Moving Home, Buy to Let Mortgage, Help to Buy Scheme, New Build

Website: https://www.firstmortgage.co.uk/branches/dundee/

Address: Dundee Technology Park, Gemini Cres, Dundee DD2 1SW, United 

Contact Details:  +44 1382 907070

Operating Hours:

  • Mon-Fri: 9AM–5:30PM
  • Saturday: 9AM–4PM
Google reviews score5/5
Trustpilot reviews score5/5
Score consistency5/5
Total Reviews5/5
Mortgage Broker Service5/5
→Efficiency5/5
→Range of Lending Networks5/5
Credentials4/5
Responsiveness5/5
Value-Added Services4/5

Pros

  • 25 years of experience
  • Open on Saturdays
  • Has a ‘Best in Market’ guarantee
  • Has over 10,000 options
  • Free mortgage advice and periodic reviews
  • Has a buy-to-let mortgage
  • Exclusive rates and deals

Cons

  • Comparatively limited range of mortgage products
  • Paid by lenders

First Mortgage stands out as one of the UK’s seasoned mortgage brokers, boasting 25 years of experience. This tells us that they know their way around mortgages.

What sets them apart is that they’re open on Saturdays. This accessibility for clients is a strong point; it’s rare in the industry where most advisors are closed on weekends.

Another unique feature is their ‘Best in Market’ guarantee. If you come across a better mortgage offer elsewhere, they’ll sweeten the deal with a generous £500.

They meticulously compare over 10,000 options, ensuring your financial fit is optimal. As a cherry on top, their mortgage advice is 100% free, which is great for those on a budget.

Once you’re a First Mortgage customer, the perks keep flowing. They offer free reviews throughout your mortgage term, ensuring you consistently enjoy the best deal.

Their buy-to-let mortgage grants access to exclusive rates and deals. This includes the lowest deposit 80% LTV buy-to-let mortgages on the market.

However, it’s important to note that their range of mortgage services might be comparatively limited. This could be a downside for customers who are looking for very specific or specialised mortgage products.

Also, since their fee comes from the lenders, there’s a potential for bias in recommending certain options. Such options may be more financially advantageous for the lenders rather than buyers.

3. The Mortgage Finance Store

The Mortgage Finance Store's Homepage

Services: Mortgages, Lifetime Mortgages, Life Assurance & Protection, General Insurance, Legal Services, Business Finance Options

Website: https://themortgagefinancestore.co.uk/

Contact Details: +44 1382 562333

Operating Hours: Mon-Fri: 9AM–5PM

Google reviews score4.9/5
Trustpilot reviews score5/5
Score consistency5/5
Total Reviews4.9/5
Mortgage Broker Service4.5/5
→Efficiency4/5
→Range of Lending Networks5/5
Credentials5/5
Responsiveness5/5
Value-Added Services4/5

Pros

  • Team brings over 100 years of combined experience
  • Offers lifetime mortgages
  • Also offers life assurance and protection cover
  • Online mortgage calculator
  • Access to wealth management and legal advice

Cons

  • Reports of unfair deals
  • Does not offer discounts, free mortgage advice, or promos

The Mortgage Finance Store is another Dundee-based mortgage broker that we recommend.

First off, this broker seems to really know their stuff. Their team brings over 100 years of combined experience to the table, meaning they’ve seen it all when it comes to mortgages.

Aside from traditional mortgages, they also offer lifetime mortgages. This allows you to borrow money against the value of your home, and this can be a good option for people who need access to cash in retirement.

Plus, they offer life assurance and protection cover. This is for those who’d like extra peace of mind while they’re sorting out their homes.

If you’re curious about the numbers before you dive in, they’ve got an online mortgage calculator. You can crunch some numbers and get a feel for what you’re getting into.

On top of mortgages, they can also hook you up with wealth management and legal advice from their partnered networks. It’s like a one-stop shop for your financial needs.

One customer had some great things to say about James, part of the team at The Mortgage Finance Store. Apparently, he was always there to answer questions and provide reassurance, which the customer appreciated.

On the flip side, there have been some reports of deals that didn’t quite seem fair. These left some customers dissatisfied with their service.

Another thing is that they don’t throw around promos, discounts, or free advice like some other firms might do. So, if you’re looking for those extras, you might need to go elsewhere.

4. The Independent Mortgage Partnership

The Independent Mortgage Partnership's Homepage

Services: First Time Buyers, Moving Home, Buy To Let, Remortgages, Mortgage and Individual Protection

Website: https://www.theindependentmortgagepartnership.co.uk/

Address: 30 Gullane Pl, Dundee DD2 3BF, United Kingdom

Contact Details:  +44 1382 250510

Operating Hours: Mon-Fri: 9AM–5PM

Google reviews score5/5
Trustpilot reviews score4.9/5
Score consistency5/5
Total Reviews4.9/5
Mortgage Broker Service5/5
→Efficiency5/5
→Range of Lending Networks5/5
Credentials5/5
Responsiveness5/5
Value-Added Services3/5

Pros

  • 38 years of combined experience
  • Worked with notable players in the industry
  • Offers customised moving home mortgages
  • Also offers buy-to-let
  • Responsive and patient brokers

Cons

  • Mortgage advice has a fee
  • Comparatively limited range of mortgage products

The Independent Mortgage Partnership isn’t your average mortgage team. With a whopping 38 years of combined experience, we think their founders know the ins and outs of the mortgage game like the back of their hands. 

In fact, they used to work with big names. These include the Bank of Scotland, The Leeds Permanent Building Society, Bradford and Bingley, and the Nationwide Building Society – lending them some serious industry street cred.

In terms of their services, they offer customised moving home mortgages. They take your preferences, needs, and dreams and whip up a tailored plan that’s uniquely yours.

For those who want to invest in a buy-to-let property, they can help you sort it out – from selecting the right property to crafting a business plan. They’ll even link you up with third-party letting agents and services to give your plans the boost they need.

Clients have praised Dawn, one of their team members. Apparently, she was always on standby via phone or email, and she won’t just tell you what to do—she’ll break down the nitty-gritty so just about anyone can understand the details.

Sadly, this level of expertise doesn’t come for free. Unlike other mortgage brokers, they do have a fee for their mortgage advice. 

And while they’re stellar at what they do, it’s worth noting that they might not have the widest range of mortgage services compared to some other players.

5. Freedom Financial

Freedom Financial's Homepage

Services: Buy-to-Let, Bridging Finance, Commercial, Residential, Life Insurance, Buildings & Contents Insurance

Website: https://freedomfs.co.uk/

Address: 125 Nethergate, Dundee DD1 4DW, United Kingdom

Contact Details:  +44 1382 452267

Operating Hours: Mon-Fri: 9AM–5PM

Google reviews score5/5
Facebook reviews score5/5
Score consistency5/5
Total Reviews5/5
Mortgage Broker Service4.5/5
→Efficiency5/5
→Range of Lending Networks4/5
Credentials4/5
Responsiveness4/5
Value-Added Services3/5

Pros

  • Lead Mortgage and Protection Consultant has 16 years of experience
  • Participates in charity walks
  • Also offers bridging finance
  • Offers commercial and semi-commercial buy-to-let properties

Cons

  • Company is comparatively newer than other brokers
  • Smaller selection of mortgage products

For those into Scottish property investment or are stepping into the buy-to-let scene, Freedom Financial is a viable choice. They’ve got the know-how for property investors, developers, and landlords. 

That’s because Kessar Salimi, their lead Mortgage and Protection Consultant, is no newcomer. With a whopping 16 years of experience, he’ll be able to handle your buy-to-let mortgages with ease.

Plus, he’s got a heart for charity. He participates in charity walks, such as hiking the Meall Nan Tarmachan to support a Pakistan orphanage project. 

If you want to buy a property but haven’t sold yours yet, Freedom Financial offers a solution—bridging finance. This short-term loan could also benefit those selling their current home but need to buy a new one before the sale.

They’re giving you not one, but two new mortgage choices for buy-to-let, commercial, and semi-commercial properties. There’s a flexible two-year fixed rate starting at 6.69%, or you can opt for a secure 10-year fixed rate starting at 6.39%. 

On the flip side, the company is relatively new to the block, having been incorporated in 2018. Meaning, they may not have as many resources as more established companies. 

While their expertise shines, it’s worth noting they might have a smaller selection of mortgage products compared to some others. This could be a concern for borrowers with specific needs or requirements

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