Ethics around Independent Financial Advisors

[flipflop104]

Hello

I'm currently looking for a new mortgage deal (my current one's fixed rate term has ended so I need another fixed rate term) and obviously want the best deal I can get.

I have got an Independent Financial Advisor (IFA) ontot the job and I have an appointment with my current mortgage provider to see what they can offer me?

1. My question (finally, I hear you sigh) is, would it be unethical/unfair for me to have another IFA on the case and not tell them about each other and just take the best deal that either of them offer (or the bank's, if it's better)?

2. Or should I tell them about each other?

3. Or should I not even have two on the same case at all?

Thanx in advance

[Neeru247]

You really have to look out for yourself so I would not say it is unfair or unethical. I looked into moving my mortgage over after my 2 year deal expired and found that my provider would charge �250 for the transfer so make sure you find out all costs before changing. The best thing to do is to try to get your current provider to offer you another 2 year deal. There will possibly be a small cost involved but it is worth the stress free life! Good luck!