5 Mistakes People Make When They Don’t Use a Broker
Why Going It Alone Could Cost You More Than You Think
When it comes to making big financial decisions—whether it’s securing a mortgage, protecting your family with insurance, or planning for retirement—it’s tempting to head straight to your bank or do a quick online search. But without expert guidance, you could be missing out on better deals, better protection, and long-term peace of mind.
At Clear Finance, we’ve helped hundreds of people across Doncaster make smarter financial choices. And over the years, we’ve seen firsthand the common mistakes people make when they don’t use a broker.
Here are 5 of the most common pitfalls—and how we help you avoid them:
1. Choosing the Wrong Mortgage for Your Needs
Banks and lenders typically only show you their mortgage products—not what’s best for you. Without a broker, you might:
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Lock into a rate that’s not competitive
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Miss out on exclusive deals not available directly to consumers
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Overlook hidden fees or early repayment charges
Clear Finance works with a wide range of lenders to match your financial goals—not just push a product.
2. Overpaying for Life Insurance or Critical Illness Cover
Comparison sites don’t tell the full story. People often:
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Pay too much for cover they don’t need
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Get too little protection for what really matters
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Forget to factor in things like inflation, dependents, or job risk
We tailor policies to your lifestyle and budget, ensuring your family is properly protected—without overspending.
3. Ignoring Pension Performance or Planning Too Late
It’s easy to put pensions on the back burner—but delays or poor investment choices can significantly affect your retirement income.
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Are your pension funds working hard enough?
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Do you know how much you’ll actually need in retirement?
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Are you making the most of your tax allowances?
Clear Finance offers straightforward pension reviews to help you build a secure financial future—starting today.
4. Trying to DIY Investments Without Proper Guidance
Many people either avoid investing altogether or dive in without understanding the risks. That can lead to:
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Poor returns
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Missed opportunities
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Costly mistakes in volatile markets
We offer personalised investment advice based on your goals, risk level, and time frame—not generic tips from the internet.
5. Missing Out on the Human Touch
Most importantly, going direct or online means you miss the personal service and expert advice that a broker provides. Financial decisions aren’t one-size-fits-all—and you deserve more than a chatbot or call centre.
With Clear Finance, you get real people, real advice, and long-term support you can rely on.
For more information about our Financial Services and products in Doncaster call 01302 835938
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