Watch out for cheap mortgage rates that come with high fees.
Some of you are being caught out by lenders low mortgages rates which come with such high fees that you are ending up hundred of pounds worse off.
At present the mortgage market is quite complex. It is virtually impossible for home-owners to keep up with mortgage rates that seems to be constantly changing, making it difficult to know what is the best thing to do.
Deal Direct therefore recommend that you contact one of our highly skilled advisers today for up to date, accurate and impartial mortgage advice.
By contacting an independent expert you can be sure that all rates and fees have been factored in when making a comparison of the most afford deals on offer.
Headline rates tell only one story, Deal Direct review each offer in detail to ensure that you end up with the cheapest offer in real terms. Our mortgage quotes are personalized to your needs, we offer a service where we only recommend the deals that are right for your circumstances and are tailored to you.
UK banks are suffering dwindling profits because of a rise in funding costs. Some are increasing their rates to boost profits while others are offering eye catching headline rates with a hidden catch.
Low headline rates are designed to attract borrowers. However it is essential to find out up front what all charges and additional costs will be, as these can seriously reduce the affordability of even the lowest headline rates.
Recent figures suggest that average mortgage arrangement fees have risen by at least 70% during the last 3 years and now sit at around £1,500.
When trying to work out which is actually the cheapest mortgage the best thing you could do is contact Deal Direct.
Contact one of our skilled advisers today.
For the most competitive mortgage rates contact Deal Direct.