Should I Use My Estate Agent’s Mortgage Advisor? Here’s What You Need to Know

When you're buying a property, you’ll hear a lot of advice - especially when it comes to your mortgage. There’s often a bit of hesitation around using an Estate Agent mortgage adviser and some buyers assume it’s just a sales tactic or that they’ll get a better deal by going directly to a bank. In fact, working with a mortgage adviser recommended by your estate agent can often lead to a more streamlined and stress-free experience - with faster communication, fewer delays, and better overall coordination.

Let’s break down the misconceptions and explain why using a mortgage adviser connected to your estate agent can be a smart move.

Common Misconceptions About Estate Agent Mortgage Advisers

Many people think estate agents only recommend mortgage advisers for commission. While some estate agents may receive a referral fee, this doesn’t mean the advice isn’t in your best interest. Most estate agent mortgage advisers - including the ones we work with at Oakmans - are independent and whole-of-market, meaning they aren’t tied to a specific lender and can access a wide range of deals.

There’s also a belief that going directly to your bank will always be cheaper or simpler. That’s not always true. Banks can only offer you their own products, which means you might miss out on better rates or more flexible terms available elsewhere.

The Benefits of Using an Estate Agent’s Mortgage Adviser

Here’s why using a mortgage adviser connected to your estate agent can be beneficial - especially in competitive markets like Birmingham.

1. Better Communication and Coordination

One of the biggest advantages is how well the adviser and agent can work together. When the mortgage adviser is in direct contact with the estate agent, the whole process becomes smoother. There’s no chasing for updates, and any issues that arise can often be dealt with quickly - which is especially helpful in chains or time-sensitive sales.

2. Local Knowledge and Market Insight

Mortgage advisers who work closely with estate agents tend to have a deeper understanding of the local property market. They know which lenders prefer certain types of properties or postcodes, and they understand the unique challenges buyers in specific areas might face.

This kind of insight is particularly useful in areas like Selly Oak, Harborne, Northfield, and Shirley, where buyer demand can move quickly and lenders may have different requirements depending on the property type.

3. Speed and Efficiency

In a fast-moving market, timing matters. Estate agent mortgage advisers are often quicker to act - from securing an Agreement in Principle to getting paperwork in motion. This can give you an edge when making an offer, especially if the seller is looking for a serious buyer who’s already financially prepared.

4. Expertise in Complex Situations

Whether you're self-employed, buying with a low deposit, or dealing with an unusual property type, a mortgage adviser who’s seen it all before can make a big difference. They can help navigate tricky applications and match you with the right lender - even when your situation isn’t straightforward.

Why Oakmans is Different

At Oakmans, our in-house mortgage advisers give our clients the best possible service. They’re fully FCA-regulated, offer whole-of-market advice, and work closely with our team to ensure everything stays on track from start to finish.

Because they understand the local market and work alongside us day-to-day, they can often spot issues early and help prevent delays - something that makes a real difference when you’re buying or selling in a busy area like Birmingham.

Most importantly, there’s no pressure. We’ll always encourage you to compare options and do what’s right for your circumstances. But we’ll also make sure that, if you do choose to speak to one of our recommended advisers, you’re getting expert advice that’s focused on your goals - not just ticking a box.

Final Thoughts

So, should you use your estate agent’s mortgage adviser?

The answer is: it depends - but don’t rule it out. A good mortgage adviser, especially one connected to your estate agent, can make the entire buying process faster, clearer, and less stressful. It’s about finding the right fit, getting proper advice, and having a team that’s working together with your best interests in mind.

If you’re looking for mortgage advice in Birmingham or surrounding areas and want to explore your options, our team at Oakmans is here to help. We work with trusted advisers who understand the local market and will guide you every step of the way.

Need help with your mortgage?
Learn more about our mortgage services here.