Taking out a mortgage is probably the biggest financial undertaking you will ever make. Naturally, you will want to know which mortgage is the best one. Happily, there is plenty of choice in the UK mortgage market, but with 3,000+ deals on offer, identifying which mortgage is best for you can be difficult.
Around 70% of borrowers consult a financial adviser or mortgage broker who can quickly scour the market and find out which mortgage is the most appropriate, given your financial circumstances, plans, attitude to risk and other preferences. Others arrange their mortgage via a lender’s branch, over the phone or on the internet.
Whether you are a first-time buyer, remortgaging or a home mover, this website provides a wealth of information on the different mortgage types available, so it’s a good place to start to learn about mortgages.
What mortgage types are available?
Establish which one is for you