There are no regulations stating what information mortgage brokers have to tell you – it’s up to you to find out about their services and their background. Here are five questions you could ask: How many lenders do you work with, and who are they?

There are dozens of companies providing home loans. Choose a lender on the key areas of interest rates, fees and services. Don't be swayed by prize draws or the like. However low fees and a contribution to your legal costs are well worth taking advantage of.