When making a mortgage comparison ensure you consider the fees.

When making a mortgage comparison it is very tempting to concentrate on the headline low interest rate and not take into account the associated fees.

It has been suggested that some mortgage fees have increased by nearly 70% in the last three years.

Factor these raised fees into the deal you are looking at and perhaps the interest rate that first attracted you, becomes less so attractive. It is important to be aware that high fees can cancel out the competitiveness of a mortgage deal.

Fees such as arrangement, completion and legal and valuation costs vary from lender to lender. It makes sense to weigh up all of the costs in the proposed mortgage deal and individual mortgage providers fees.

To find a mortgage deal with good interest rates and reasonable fees contact Deal Direct. Making a mortgage comparison of several lenders deals can take up a considerable amount of your time, so in contacting us you can avoid this. We compare many deals for you.

As we are whole of the mortgage market brokers we look to find you the most competitive deals available, and if fees are of concern to you we can find reduced or fee free deals. We always aim to find you the best value for money mortgage package.

Sometimes it can be cost effective for you to pay a higher fee to get a very low rate of interest. This does generally depend on the amount of a mortgage you wish to borrow.

The best way to ensure you get the correct deal is to get professional advice from Deal Direct. Our experts make it a priority to ensure any mortgage comparison is tailored around your financial expectations and circumstances.

Call Deal Direct today.