Need help working out which is the best mortgage in 2014?
There are many forms of mortgage deal, and which one you should choose is down to your individual circumstances.
Deal Direct can take you through all of the different mortgage types available in 2014, to find the one which is best suited to your needs.
For advice and a low rate quote call us on 0800 048 8828, or alternatively make an online mortgage comparison by click the red button below.
Fixed rates.
- With a fixed rate deal, repayments are agreed at the start of the mortgage term and do not change.
Variable rates.
- Variable mortgage rates such as trackers move in line with interest rates. SVRs are lenders variable rates and are generally set slightly higher than the base rate.
Cashback mortgages.
- These types are exactly as they sound, a lender gives you cashback once your mortgage has been advanced.
Current account mortgages.
- Current account deals combine your current account and mortgage into one balance. Any money in your account is used to reduce the interest you owe.
Offset mortgages.
- With an offset your savings are used to offset the interest owed which will help clear the mortgage early.
Working out which mortgage is right for your 2014 financial needs can be complicated. The advice is therefore to contact an impartial mortgage expert at Deal Direct.
Whatever type of mortgage deal you are looking for we can help you make the right choice in 2014.
Call 0800 048 8828 for advice and a quote.
Article published: Saturday, January 04, 2014
