There are two main categories of financial advisors in the Netherlands: the independent, the self-employed on one side and the sales advisor on the other side:
Banks tend to be slightly cheaper than the independent professionals. But be aware, the Dutch banks will only sell you their own mortgages. An independent advisor will compare all the more than 60 mortgage lenders. So, they may cost a little more at the start, but it is definitely worth the money as they can get you a much better deal than the so called ‘advisors’ at the big banks.
Home buyers who take out a new mortgage pay an average 0.67% higher mortgage interest rate at a bank compared to the best offer in the market at the time of taking out. If the mortgage is taken out through an independent advisor, the difference is smaller, namely 0.30%. This is the conclusion of an analysis of several hundred mortgages in a study commissioned by Van Bruggen Adviesgroep that was conducted by Hypotheekonderzoek.nl. The difference of 0.37% between these two distribution channels over an average mortgage amount of € 237.849 for the respondents yields a saving of approximately € 8,000 over a 10-year period if the home buyer opted for an independent consultant instead of a bank. On average, respondents paid almost € 800 less in advice and brokerage costs through the bank compared to independent advisors. This brings the benefit to be achieved with a fixed-rate period of 10 years to around € 7.200. The financial benefit for an annuity mortgage over a mortgage term of 30 years is approximately € 15.000.