Shopping around for the best low deposit mortgage deal.
If you are a lower deposit buyer then you are advised to shop around for the best deal.
Making a mistake when looking for a mortgage could cost you dearly in the long term so don't just settle on the first mortgage you find.
For example a lot has been made of the Government's Help to Buy mortgage scheme, however there are lenders offering as competitive rates who aren't signed up to the scheme. Without checking all available offers you could end up signing up to a mortgage which costs you more overall.
To avoid choosing a less competitive product you are recommended to check all lenders ranges and deals. To do this can be quite a challenge as it is an extremely time consuming process.
There is a way to cut the time taken and reduce the risk of missing a good deal, this is by using the services of an independent 'whole of market' broker.
Independent means they are not affiliated to any lender so their advice is 100% impartial and based on your mortgage needs, and 'whole of market' means they have access to all UK lenders mortgage products.
In addition often independent brokers have access to lenders mortgage 'specials' which are deals launched at lower rates available for a limited time only.
If you want to shop around and search the market for the very best mortgage you are recommended to call 0800 048 8828, and find out how independent 'whole of market' broker Deal Direct can help you.
Call 0800 048 8828 for a low rate quote.
