Remember to compare mortgage fees as well as the rates.

When you compare mortgage products there are a number of factors to consider. The headline rates are just part of the picture and if you do not check all the details you could make a costly mistake. Call Deal Direct for advice, we have the expertise to help you make a proper comparison of the best deals.

When you look at deals from different lenders you also need to look at the total cost over the length of each mortgage, not just the monthly payments. You may think that you will only keep a mortgage for a short time but with unpredictable rates and house price fluctuations, you could end up with the same mortgage for longer than you anticipate.

Expert advice from a broker, such as Deal Direct, can help you compare mortgage offers. A well considered decision before you apply for a mortgage can save time and money in the long term. For example, it is particularly important to include the fees that are associated with shorter term deals or smaller loans. High fees can easily change the balance of which is the best deal.

When you pay the fees also has an effect, most lenders will allow you to pay the fees or add them to your mortgage. If you add fees to your mortgage this effectively increases the loan and the interest you will pay. If you can afford to pay the fees up front you can avoid additional interest on this part.

If you want to compare mortgage rates, fees and all the other aspects that affect payments and overall costs, call Deal Direct. Our advisers can help you decide which type of mortgage products is best for your circumstances and source the best available offers in the market.