When applying for a mortgage, it’s important to be aware of conditional selling—a practice where a property professional or an estate agent suggests (or pressures) you into using their in-house mortgage broker, solicitor, or insurance provider as a condition for moving forward with your purchase.
Here’s the reality:
It’s illegal for a seller or estate agent to make an offer or sale contingent on you using a particular mortgage broker or service provider. While they may recommend someone, the choice is entirely yours.
So, why does this matter?
1. You could miss out on better deals.
In-house brokers often have limited access to the wider market. A whole-of-market mortgage broker can compare deals from dozens of lenders, including exclusive rates you might not find directly.
2. You deserve impartial advice.
Independent brokers work for you—not the estate agent. Their advice should be based on what’s best for your circumstances, not commission structures or in-house sales targets.
3. You maintain control.
Buying a home is a major life decision. You should never feel rushed or pressured to use specific services simply to “secure the deal.”
Top Tip:
Before choosing a mortgage broker, ask:
- Are you whole-of-market or tied to certain lenders?
- What are your fees, and when are they payable?
- Do you receive commission or incentives from lenders?
Taking the time to choose the right mortgage adviser ensures you get competitive options, tailored advice, and peace of mind throughout the process.
Remember: Your home. Your mortgage. Your choice.
Emily's Mortgage Services LTD 