Compare mortgage rates online
At Fair Investment we offer mortgage comparison tables where you can compare a range of providers and interest rate deals that are designed to help you find the best value mortgage quote.
An online mortgage quote calculator is also available and can help you gain an estimate idea of how much your monthly payments may consist of, but this depends on your interest rate deal and method of repayment.
The size of your loan will be relative to the value of deposit you are able to make. For example, if you are able to place a £20,000 deposit on a house that is worth £200,000 your LTV ratio is 90%, because your deposit constitutes 10% of the value of your property.
There are certain things which should be thoroughly considered before you take out a mortgage loan, such as the method of repayment and type of interest rate deal. These decisions are important because they influence the overall structure of your mortgage and can be tailored to suit your individual needs.
Repayment – Your monthly payments consist of the interest you owe and the pre-agreed portion of loan
Interest only – Your monthly payments consist solely of the interest you owe and it may be required that you make separate payments into an ISA to cover your mortgage loan at the end of the set term.
The two most popular options with regards to the interest rate deal are detailed below:
Fixed rate – the interest rate stays the same for the term set by your lender. The consistent rate of interest may allow you to maintain greater control over your finances
Tracker – the interest rate follows the Bank of England base rate and as a result, it is subject to increase and decrease in line with changes.
Our easy to use product comparison tables not only make it easy to judge the important details regarding various mortgage deals, but also to be able to get online mortgage quotes quickly and simply.
Whether you are looking for a fixed or variable rate, repayment or interest only, there will be dozens of options and it is difficult to know where to start. If you are confused by all the different deals, you can get a no obligation mortgage advice and quotes by filling in our mortgage enquiry form, and you will:
- Be introduced to a qualified mortgage broker who will offer no obligation mortgage advice
- Get quotes from a wide range of providers, including leading UK mortgage lenders
- Benefit from a quick and efficient service – just fill in one form and they do the rest
Click on the links above and fill in our quick form online, so a mortgage adviser can get in touch with quotes and advice.