Compare Top Mortgage deals
Conducting a thorough mortgage search may help to narrow down which offers are the most viable. Customers may also wish to consider using a mortgage calculator to help estimate the cost of their mortgage.
In your search for a mortgage that is suitable to your needs, it is recommended to conduct as much research as possible using mortgage comparisons. See our mortgage comparisons table below for a list of similar mortgage deals.
When searching for a mortgage, customers should also carefully consider what type of interest rate deal they will be best suited to. The mortgage market is highly competitive and it should be remembered that choosing a suitable interest rate deal may have a lot to do with the circumstances of the customer.
Here are some of the pros and cons of the types of deals your mortgage search may throw up:
Unlike variable or fixed rate agreements, these mortgages will have their interest rates adjusted according to the Bank of England’s base rates. The rates for these mortgages are generally considered to be fairly easy to predict, especially compared to any sudden changes that may be introduced by a lender.
Fixed rate mortgages are often preferred by customers who are looking for some long term security regarding their repayments. Using this agreement, the interest rates for a mortgage are guaranteed to remain the same for a set period, making budgeting for repayments relatively easy.
Offset mortgages are best suited to customers who can commit a significant portion of their savings to their mortgage. Using this agreement, these savings are used to offset the cost of interest repayments, although it should be remembered that withdrawing any of the money used can result in increased interest repayments.
Keep these various options in mind while you use or product comparison tables to search for a mortgage deal that is right for you.