| When you look around for a mortgage deal | | | | lenders didn't come out very well in the |
| you're probably looking for the best deal you | | | | survey. Top lender HBOS did not have any |
| can find. The problem is finding the best | | | | products in the top 250. The Royal Bank of |
| mortgage deal to suit you. | | | | Scotland fared best of the top names, with |
| | | | six products from its group in the top 250. |
| News on mortgages has recently suggested that | | | | |
| there has been a reduction in the number of | | | | If the top lender has no products in the top |
| mortgages available on the market, but with | | | | 250 mortgages, how is it still the top |
| over 8,000 to choose from you'd be | | | | lender? There is a huge amount of information |
| hard-pressed to notice the difference. How | | | | available to the public - especially with the |
| can you choose the best mortgage deal to suit | | | | internet at most people's finger tips - and |
| you? | | | | financial and mortgage advisors abound, yet |
| | | | still well-known high street brands are |
| Your circumstances will be particular to you. | | | | getting most mortgage customers to sign up |
| You may have a healthy income; you may have a | | | | with them. |
| low income; you may have income earned from | | | | |
| different sources; you may have an impaired | | | | The best know providers may be able to often |
| credit rating; you may be a first-time buyer; | | | | the best solution to some people, but |
| you may be newly divorced; you may have low | | | | according to the survey, by Moneyfacts, the |
| income but have inherited some money. There | | | | majority of borrowers would be better off |
| are probably more than 8,000 different | | | | looking at smaller lenders and building |
| scenarios! Finding the best mortgage deal is | | | | societies for the best mortgage deals. |
| difficult. | | | | |
| | | | For most people getting a mortgage will be |
| What is interesting to note is the results of | | | | the biggest financial transaction they will |
| a survey showed that Building Societies offer | | | | ever make. It is not really wise to base a |
| 70% of the top 250 best mortgage deals on the | | | | decision like that on a brand name or the |
| market today. It suggests that you would be | | | | fact that you walk through the doors on your |
| better off going to a building society for a | | | | local high street. Getting a mortgage should |
| mortgage than to a high street bank. It is | | | | be about getting the best mortgage deal to |
| interesting to see that the top mortgage | | | | suit your own personal circumstances. |