Getting the best mortgage deal with Deal Direct

Getting the best mortgage deal does, of course, depend on your financial circumstances. Having a good credit rating will help you to secure a loan and gives borrowers more choice with the mortgages that are currently available. 

All lenders rely on the borrowers credit rating details to assess their suitability for a mortgage advance. Some of the best mortgage rates do require the home buyer to have a substantial deposit but more recently a lot of lenders are offering 95 per cent LTV (loan to value) mortgages which means borrowers only have to find a 5 per cent deposit.

To secure the best mortgage deal it is vital that potential mortgage borrowers look at the whole package and not just the incentive of low headline rates. 

Getting the best mortgage deal should be a comfortable process as economists expect the Bank of England base rate to remain at 0.5 per cent for at least the next couple of years. Many lenders are suggesting potential first time buyers and those thinking of moving house would be best to secure mortgages with them before any rate rises. But ploughing through all of the current high street rates and mortgage offers can be time consuming and confusing.

Deal Direct mortgage brokers are here to help,  we  have access to all of the latest mortgage deals available from the whole mortgage market, making it easier to get the best mortgage deal for you.