Below we look at the 3 “best” mortgage brokers and advisors in Ilminster.
For more on how we chose the best please consult our FAQ section at the end.
Please not the following listings are in no particular order and we are not making any recommendations for any particular broker or advisor. Nor are we making any other financial recommendations.
Auxilia Financial Services
Description from the business: Have you been looking for honest, approachable, friendly mortgage and protection advice from people who have your best interests at heart?
Luckily for you, you’ve found us!
We know you want simple, easy to understand advice that comes from experts who understand your circumstances and that’s exactly what you get from us.
We pride ourselves on giving first class service with a smile, working with you through your financial journey to get the RIGHT outcome for you and your family.
By working with us, you’ll have access to over 50 mortgage lenders and some of the UK’s largest protection providers meaning you’ll find the right fit for your circumstances.
We’ll talk through all your options so you can make a decision, knowing all the facts.
Home Insurance Agency
Income protection insurance agency
Address: 1, West Street Corner, Seavington St Mary, Ilminster TA19 0QU
Review Score: 5
Number of Reviews: 43
A M Mortgage Solutions
Description from the business: Independent Mortgage and Protection Brokers – Ensuring you get the best service and the right products for your needs.
Address: Kingfishers, Donyatt, Ilminster TA19 0RG
Review Score: 4.8
Number of Reviews: 18
Description from the business: Not Available
Address: 17 Court Barton, Ilminster TA19 0DU
Review Score: 5
Number of Reviews: 1
How Did You Pick The Best Mortgage Advisors In Ilminster?
We started with a dataset of 3 listed Ilminster mortgage brokers & advisors we could find via Google Maps.
From there, we removed any listing that did not meet the following criteria.
- Had no website
- Had no reviews
- Had an average review score below 4.0
At this point if we had 17 or fewer brokers we listed all of them.
For cities where we were left with more than 17 brokers we made further revisions by either increasing the required review score (e.g. going from a minimum of 4.0 to 4.9) and/or increasing the minimum number of required reviews (e.g. going from at least 1 review to at least 10).
In our view a broker which has 100 5* star reviews is likely more accurate than one which only has a single 5* review.
Note we only used review data from Google Maps and not any other third-party websites.
How much do Ilminster mortgage brokers charge?
Mortgage brokers in Ilminster will most likely charge based on either a fee or commission structure.
It’s important you ask how they’ll get paid before choosing them as it may affect what products you’re offered and how much you ultimately end up paying.
According to Unbiased the average fee in the UK is £500, while the average commission is 0.35% of loan size. Or £350 per £100k borrowed (although you most likely won’t pay this directly).
For more you can also read out guides:
- How much do mortgage advisors & brokers cost?
- How do mortgage brokers & advisors get paid?
Can all the Ilminster mortgage brokers listed above help me with my mortgage needs?
That depends on what you’re looking for. Most mortgage brokers tend to specialise in a particular section of the mortgage market.
Therefore while a residential mortgage broker might be able to help you secure a buy to let mortgage it might not be the best one on the market.
Find the right mortgage advisor for any type of mortgage including:
- Buying Your First Home
- Moving Home
- Buy To Let
- Buying A Second Home
- Bad Credit
- High LTV
- Equity Release