From finding the most suitable mortgage lender to sealing the deal, you’ll find here all the information you need when applying for a mortgage.
1. Find a mortgage broker
There’s plenty to consider when buying a home, and trying to find the right mortgage can be easier said than done when there are thousands of deals to choose from at any given time.
It’s important to find the most competitive deal that matches your requirements, and to do that it definitely helps to seek expert advice.
You have several options to choose between:
- Comparison website - Although comparison websites tend to list a wide selection of mortgage options, you won’t necessarily know what deals you’re eligible for and you won’t be provided with advice.
- Mortgage lender - An individual mortgage lender will only search their own deals - in other words, your options will be limited and you could miss out on more competitive deals elsewhere.
- Traditional mortgage broker - Traditional brokers will search a wider range of deals from different lenders. Many will charge a fee of around £500, and you’ll need to take time out of your day to meet in person to fill out paperwork or speak to someone on the phone.
- Online mortgage broker - Most online brokers, including Trussle, are fee-free and faff-free; they’ll search thousands of mortgages from a wide range of lenders, and with everything done online, there’s no paperwork and their service is accessible 24/7.
Our online mortgage broker service enables you to find a suitable mortgage quickly and without hassle. We’ll ask you for details about your financial situation and the property you’re interested in, then our experienced advisers will search the market and match you with an appropriate mortgage for your current needs and circumstances, completely free of charge.