Compare Mortgage Rates
It is wise to consider a range of mortgage deals before committing to the one that is right for you. There are many types of interest rate deals that are tailored to the individual’s needs, such as:
Tracker – interest rate traces the Bank of England base rate and may increase or decrease in line with the base rate, and is subject to unpredictable changes
Fixed rate – interest rate is fixed for a set term, which, once it has ended, will switch to the lender’s standard variable rate.
Offset – interest rate is reduced when you use the interest earned on your savings to reduce the total amount payable on your mortgage repayments.
Standard variable rate – the lender sets the rate of interest, which is established by using the Bank of England’s base rate
There are two methods of repayment to choose from and these are detailed below:
Interest Only – simply payments which consist of the interest owed each month. You may be expected to make monthly payments into an ISA, and these can be over or underpayments to suit your own financial situation.
Repayment –straight forward monthly payments consisting of your standard mortgage repayments and the interest owed.
There are numerous mortgage comparison sites available on the internet, giving you plenty of choice in selecting a mortgage that will meet your needs. Our mortgage comparison site works with professional mortgage brokers to help you find the best deal:
- Fill out our simple enquiry form
- We put you in touch with UK mortgage brokers
- They will offer FREE help and advice and match you up with the best mortgage for your circumstances
By using our online comparison service, you can compare many leading mortgages that are currently available on the market.