Enquire with mortgage broker, Deal Direct, to effectively navigate the home loan maze.
Helping you to effectively navigate the home loan maze is what mortgage broker, Deal Direct, does best.
We have over 13 years’ experience in assisting mortgage hunters find the right financing for their home and we can do the same for you.
If you are seeking your first mortgage, the number of products available and the corresponding rates can feel overwhelming. While lenders are doing their utmost to attract your attention and secure your business, the sheer range of products can feel intimidating and prompt the prospective homeowner to apply for the first mortgage option they see.
By not seeking expert advice, you could find that your application is rejected, which negatively affects your credit rating and complicates the process to make further applications. Or you could find that your application has been accepted but another mortgage would have suited your purposes better and saved you money.
Leeds Building Society, for instance, introduced a range of mortgages called ‘Welcome’ 5 years ago. This range is interesting as there is 0% interest to pay for the first 3 months.
Mortgage rates for this range do change but Leeds is currently offering a fixed rate of 2.64% for up to 85% LTV for a term of 5 years. They are also offering a fixed rate of 3.7% for up to 90% LTV, also for a 5 year term.
As a prospective homeowner, if you want to find a mortgage that frees up money in the short-term so you can clear moving and/or redecorating costs, Leeds BS could have the answer.
To discuss your requirements and possible mortgage options more fully, speak to a Deal Direct advisor.