Why the cheapest mortgage deal may not be right for you

18th October 2018

Buying a house involves making lots of choices, and some can be simpler to make than others. Finding the right house in the right location can be the easy part, choosing the best and most suitable mortgage deal for your financial circumstances can prove to be more of a headache.

There are hundreds of different mortgage deals available in the market, so how do you know which one represents the best deal? The market is very competitive and if you aren’t familiar with the way it works it can be hard to understand what is on offer.

It’s hardly surprising then that so many people are choosing to work with a mortgage adviser to ensure they get the mortgage that’s best suited to their needs. Taking out a mortgage and buying a property is a big responsibility, and it can be a stressful time. So, it helps to work with someone who shares your commitment in making it all go as smoothly as possible.


Like properties, mortgages come in all shapes and sizes. There are many different types to choose from (fixed, variable, tracker, and that’s just for starters). You’ll also find that lenders offer mortgages with different interest rates that can be fixed for various time periods. There are also special deals on offer that include extras such as survey fees, legal costs or cashback arrangements.

Looking just at the interest rate that’s being charged can be misleading. Although a low rate can look enticing, you also need to check out what the fees and charges are as these could be high, meaning you’ll end up paying more which could make the deal less cost-efficient.


Working with us will save you time, money and stress. We will be able to compare the deals available from various lenders, taking into consideration things like fees and charges that will affect the overall cost of your mortgage. We will ensure that your mortgage application goes to the most appropriate lender. What’s more, we are on hand from start to finish and can provide help with many aspects of the house-buying process, like getting your offer accepted, finding solicitors and organising property surveys. You’ll also be able to get good advice about putting protection policies in place. These are designed to provide financial safeguards that mean your mortgage would be paid if you experienced one of life’s unexpected events.

So, if you’re a first-time buyer, secondstepper, re-mortgager or would-be buyto- let landlord looking for professional mortgage advice, why not put us to the test?

As a mortgage is secured against your home or property, it could be repossessed if you do not keep up mortgage repayments.