Latest mortgage deals – be sure to pick the right one.
Home buyers are urged to calculate the total cost of lenders latest mortgage deals before choosing a product.
It is all to easy to be seduced by a headline rate or low arrangement fee but you should ensure that you consider the total costs to ensure that you compare lenders latest mortgage deals on a like for like basis.
David Black from Defaqto has said that arrangement fees which are offered as a fixed sum as opposed to a percentage of total the mortgage, favour larger loans.
Having compared all factors such as rates, fees and early repayment charges the best deals may not be those with the lowest rates or smallest fee. Many of you looking for a deal may not have the market knowledge or experience to compare loans to find the most competitive deal overall.
We are Deal Direct therefore recommend that contact us and let us so the hard work on your behalf.
We are a 'whole of market' broker which means we are not restricted to a hand full of mortgage lenders, we can compare the entire UK mortgage market on your behalf. We can ensure that you avoid the costly mistake of picking the wrong mortgage deal.
Our skilled advisers are fully up to date on lenders latest mortgage deals, their mortgage rates, arrangement fees and rapidly changing mortgage criteria, we can take the stress and confusion out of looking for a competitive deal.
For accurate and impartial advice telephone one of our advisers or fill in our online enquiry form today.
