What is the best mortgage in 2012 and how do borrowers to get it?

Online enquiries from borrowers wanting to know what is the best mortgage in 2012? have hit a two year high, and the sector which has experienced the greatest increase is that of first-time buyers.

Experts advise that an increase in first-time buyer interest is due to an increase in availability of lenders low deposit deals.

First-time buyers wanting to know how to find the best mortgage products are encouraged to enlist the help of Deal Direct. Many new buyers are inexperienced and therefore we are better placed to guide you through the mortgage market.

The figures from the website unbiased.co.uk, show that around 41 per cent of all online mortgage enquiries in January this year were made by first-time buyers who were asking what is the best mortgage currently on offer.

The figures show an 8 per cent increase on those released for November last year. A spokesperson for unbiased.co.uk commented on the figures saying that the number of low deposit mortgage deals from lenders has increased, which is positive news for first-time buyers who otherwise would fail to get on the property ladder.

For many first-time buyers, knowing what is the best mortgage deal to chose, has been made more difficult by the fact that there are now 59 first-time buyer products available.

Having had little experience in house buying, working out how to get the best deal is a daunting task therefore, independent financial advice is a must.

Deal Direct are 'whole of market' brokers and are fully up to date on different mortgage providers lending criteria and rates. We will find the most competitive product on your behalf.