Although mortgage calculators give you a steering on approximate mortgage costs, and can be used as a helpful tool in giving approximate mortgage costs over a certain period of time based on a given interest rate, it is just a tool and does not give you exact examples of the various products on the market which are available as mortgage brokers do.
Your advisor will advise you as to the maximum available borrowing available to you within your financial budget and which lender offers the best deal for your circumstances which will take in to consideration the term of the mortgage, whether the product should be fixed or variable and the duration of the product chosen, whether the client requires complete flexibility in terms of overpayments or happy with certain limits; the level of flexibility the client requires in terms of carrying the product over to a new property should they move home and whether they should take out a Capital and Interest mortgage or interest only.
These are just a few examples of factors that your advisor will want to assess before making a recommendation.
Assessing the clients' requirements is equally as involved and our professional advisors are in the best place to consult with on these matters, being sensitive to the clients individual circumstances and with the necessary knowledge and interpersonal skills required to fully establish the clients demands and needs and match them with a tailor made solution again from the whole of the market.