How to achieve the best mortgage deal.
Achieving the best mortgage deal is something that most first buyers believe to be impossible.
While for those with a small deposit the best rate they are likely to achieve is not going to be the cheapest on offer in the market, a competitive deal is still possible.
Lenders offer their cheapest rates to those with the highest deposits, however this does not mean that you cannot achieve an affordable deal well suited to your financial circumstances.
With Deal Direct's help, sourcing the best mortgage deal is made easy.
For first-time buyers it is often stressful to source and be approved a mortgage. Without expert guidance those who are acting on their own can miss out on competitive offers, as keeping up to date with the market is currently a full time job.
Mortgage advisers at Deal Direct are fully qualified professionals with their finger on the mortgage market pulse. If there is a new deal launched we know about it, if a deal is withdrawn or a lender's criteria changed we are aware of that too.
The first thing we advise is to get all of your paperwork ready and up to date, you will need pay slips, your P60 and bank statements to hand, as this will make the application process far more straightforward and quick.
Put down as large a deposit as possible, for those with just 5% or 10% there are special schemes such as NewBuy that could enable you to get on the property ladder.
Whatever your requirements, when searching for the best mortgage deals you should make Deal Direct your first port of call.
