In an innovative step for a mid tier accountancy practice, French Duncan Chartered Accountants, through its subsidiary company French Duncan (Financial Services) Ltd, has introduced an independent professional mortgage advisory service to provide advice to individuals encompassing the entire home buying process.
In addition to advising first time homebuyers on their mortgage arrangements, the firm will also provide a formal mortgage review process as well as remortgage advice. French Duncan (Financial Services) Ltd has appointed mortgage adviser Karen Hassan to deliver these services through its thriving financial services division.
Ms Hassan said, “As an independent adviser, I shop around the whole marketplace to access the best deal available for a client. That is not always the case with mortgage advice received through an estate agent – which will typically refer homebuyers to a panel of lenders with whom it has arrangements – or from a bank, which will only provide advice on its own offerings.
“And as it is unusual for mortgage advisors to become involved in the whole home buying process, French Duncan (Financial Services) Ltd is offering a service that differs significantly from the standard advice available from other mortgage advisers.”
Having previously handled mortgages for a major bank before going on to work in an estate agency, in her new role, Ms Hassan intends to bridge the gap that exists between homebuyers, estate agents and mortgage advisers.
She said, “Unlike most mortgage advisers, my role will not be confined solely to helping arrange a mortgage. Rather, I intend to help clients through the whole process of buying a home, acting as a co-ordinator throughout the process. My role is about customer care and making sure that no-one is left to their own devices to go out and arrange surveyors and solicitors without a comprehensive understanding the process involved.
“I will also be advising on remortgaging because there are many homeowners who are paying monthly mortgage payments on the standard variable mortgage rate who have not considered reviewing their mortgage for a number of years and who could benefit from a lower rate of interest if they moved their mortgage elsewhere.”
Specialist areas of mortgage advice now provided by French Duncan (Financial Services) Ltd include buy to let properties, self-certification mortgages, credit impaired mortgages, commercial mortgages and buying property abroad.
French Duncan (Financial Services) Ltd. is an independent financial adviser, authorised and regulated by the Financial Services Authority.