Lenders best mortgage deals and first time buyers.

Now that the stamp duty concession has come to an end, lenders best mortgage deals are even more essential for first time property buyers.

When looking for and considering the best mortgage deals, first time buyers should take into account several factors such as the amount of cash needed for a deposit, fees charged, how much will need to repaid each month and what would be the best type of mortgage.

Inexperienced first time buyers are recommended to contact Deal Direct who can source a great first time mortgage through any UK lender. As 'whole of market' brokers we act as an intermediary and will find the right mortgage for you.

We offer impartial and accurate advice and are well placed to guide you through the complexities of looking, applying and being accepted for a great deal. By looking for a mortgage through Deal Direct the mortgage process becomes straightforward and stress free.

There are currently several good deals on offer for first time buyers.

If you are looking for a fixed mortgage deal then for those with a 10 per cent deposit HSBC offer a 2 year discount rate at 3.84 per cent, there is no arrangement fee but an early repayment charge will apply during the discount period.

HSBC also offer a 5 year fixed deal at 4.79 per cent for 90 per cent LTV, an arrangement fee of £599 is charged and once again an early repayment charge will be applied.

The Chelsea Building Society also offer a good 2 year fixed deal for 90 LTV at a rate of 4.24 per cent with an arrangement fee of £1495, an early repayment charge will be applied.

For lenders very best mortgage deals contact Deal Direct who will source a great offer tailored to your personal circumstance.