Navigating the mortgage maze: what are the best mortgage deals?
Getting the best mortgage on offer is crucial whether you are a first time buyer, or an existing home-owner looking to move or remortgage.
Since the launch of the Government's initiatives Funding for Lending and Help to Buy, things have improved at all deposit levels of the market.
Lender's best mortgages are no longer just reserved for those with a large deposit, a competitive rate can now be found at all loan to value levels.
For the first time in years first time buyers are also getting a look in, as lenders such as the Newcastle BS, Barclays and the Chelsea BS release competitive high LTV mortgages.
With so many products on offer once you have found a property to buy the choice of deals can be baffling, and making an error at this stage with your choice of mortgage can end up costing you dearly over the course of your loan.
When looking for a mortgage deal what should you do?
What route do you follow, do you choose a fixed rate mortgage while rates are historically low, or do you go for a tracker mortgage and hope the base rate will sit at 0.5% for a few more years?
According to market experts the best thing you can do is to seek help to conduct through research.
By seeking advice and sourcing your deal through an independent expert, you can feel secure in the knowledge that you have considered every deal to match your circumstances. You can feel confident of ending up with the best mortgage for your deposit level.
For help finding a mortgage to climb on the property ladder, remortgage or move home contact Deal Direct - let us guide you through the mortgage maze.
Our advice is impartial and based on your needs, we only recommend mortgage products which are both the most affordable and best suited to your deposit level.
For the best mortgage offers market-wide,
call an adviser on 0800 048 8828.