Why Use Financial Advisers?
FINANCIAL ADVISERS – working for YOU
Why use financial advisers, and how they can assist customers? Here are some of the reasons:
Firstly, some people looking to buy a property simply go to see their bank, and may not realise that they may be missing out on the best possible finance deal. This means, the right deal that suits the buyer, not the bank.
This is similar with insurance products and insurers.
Secondly, there are literally hundreds of different loan products available right now. While this makes it harder for you to choose the right loan, it does mean that there’s an ideal lending solution for you out there. It’s just a matter of finding it for you – and that is where a Financial adviser comes in.
thirdly, your bank will have its own range of housing loan products to sell to you. However in many cases these might not be the products that are best suited to your particular financial situation. On the other hand, a professional Financial Adviser will carefully analyse your position, and then shop around various banks and lending institutions on your behalf. By doing so, the independent Adviser is able to ensure that YOU have the benefit of selecting the right housing loan product that suits YOU.
Fourthly, using a Financial Adviser costs you nothing as the Adviser is paid a fee by the banks, lending institutions, and insurers. Not using an Adviser might end up being an expensive exercise for you as you may not have the opportunity to compare loan and insurance products.
(adapted from an article)