How to work out which is the best mortgage on offer.
Working out which is the best mortgage on offer very much depends on your personal circumstances. What is a good product for one may not be for another.
Finding out which is the best mortgage can be daunting at the best of times for those going it alone, and since the credit crisis looking for the right deal has become even more challenging.
Lenders no longer offer 100 per cent mortgage products but some are re-introducing low deposit deals at 95 per cent. However generally it is true to say that most UK lenders now demand a minimum 10 per cent deposit before they start to offer a good deal.
For the very best mortgage deals would-be home-owners most often are required to come up with a minimum 30 per cent deposit.
Deal Direct recommend that you do not go it alone when shopping around. There are huge differences between lenders mortgage deals and we are here to compare costs on your behalf.
Reviewing just the headline rate can also be a costly mistake, lenders fees and charges have significantly increased over the last year as headline rates have got lower. Factoring in all costs before a product comparison can make the final outcome very different, do not end up tied to a more expensive deal because you made a mistake when reviewing offers.
In today's current mortgage market experts recommend enlisting the services of expert brokers such as Deal Direct, when trying to work out which is the best mortgage deal available.
Contact one of our skilled brokers today to source a competitive deal for you.
