Home Loan Are You Looking For? - With This Dirty Trick They Want To Manipulate

There are two ways you can search for housing loans: you walk into the account management languish, or by other well-known financial institution, bank or turn to independent advice. Independent agents receive a commission from the banks, but they are mostly not matter which bank you choose, so they can impartially help in selecting the best.

Through independent advisers in many cases you could get better conditions, as if the bank had gone in. In addition, a very serious professional help and also give you free administration.

With this trick, they want the wrong path:

The commission voted in favor of maximizing financial intermediaries, which clearly benefits received after the home loans market participants by reducing the associated question of who is going to go well with this. Banks, brokers, maybe you?

The home loan market - unlike the savings - banks with similar commissions were paid at least the order of the advisers, so it was not really a conflict of interest between the adviser and the client.

If someone wanted to add housing loans, it really meant the best when you went to an independent mediator, who collected, calculated and compared him to the banks' bids. Most also it helped broker the client throughout the process, with a lot of work, time and money to the people.

Two types of banking strategy developed:

Smaller banks, bank branch network (e.g. Unicredit, Erste, DSI) has been able to offer their arms farther if sold via an intermediary network. To do so, due to the constant comparisons had to think about competitive, affordable housing loan products.

The other strategy is to build and maintain large and expensive branch network, supported by strong marketing campaigns can put those customers who are not financial awareness in the lead.

Well, these people are the agents of suppression?:

Home Loan Are You Looking For

You should see that the fight is intending to borrow the apartment for customers. Advertisers are advertised by banks and intermediaries as well. By the intermediaries registered a revenue decline of almost half reduced their competitiveness. However, in most cases sooner you find out who the client is connecting the business.

However, if the big banks in branch offices will benefit and reduced the role of the independent consultants, then it means that more people will be decided without comparison (with appropriate professional help). This population will mean worse in terms of loans.

The difference is an average of £ 900,000 over the life of the average between one and get the best home loan. So much for winning a client, if appropriate professional background could compare the offer is knowing the fine print.

You can reach anyone in the regulation?

For banks and strategic partners who have large branch networks. Savings Bank, FHB Post. It is no coincidence that this triumvirate will sell their products in the home loan through the post soon. With achieve huge coverage in the state-owned companies otherwise. Do you see the connection? Who set the rules?

(A story by actor OTP also benefit.)

The point is that people should not compare home loans, the sooner they might turn down the post office or a branch office, and sell them to the post office already occupying school grounds mediocre financial products.

I understand that the state, according to all that is foreign to the poor, and even with would not be a problem if you own the network confirms, but all this at the expense of people's financial awareness and make it now.

What can you do if you want the best home loan?

Do not let yourself pressing the aggressive campaigns. It remains to be honest mortgage brokers, but who may not have time to find you.

It is your responsibility to go find the best home loan, and to find an independent consultant who has impartially and thoroughly compares the banks offer to you, and gives an insight into the potential icing during the marketing reality as well.