Shopping around for a mortgage can make a real difference to how much you pay — both now and over the term of your loan.
To begin with, different lenders assess risk and set terms in different ways; consequently, the interest rate, fees, early-repayment penalties, and flexibility (fixed vs variable vs tracker) will all vary.
In addition, by taking the time to compare a range of offers, you can identify deals with lower monthly payments, lower upfront fees, or better long-term cost.
As a result, you avoid situations where you end up paying more simply because you accepted the first offer.
Furthermore, a thorough comparison helps you choose a mortgage suited to your circumstances — not just what seems immediately cheapest or what comes from your existing bank. For example, factors such as employer type, deposit size, term length, and plans for overpayments or remortgaging all play a role.
Finally, get quotes from several lenders, check the full cost (not just the headline interest rate), and make sure the product fits your long-term plans. Taken together, that careful approach could save you hundreds — even thousands — over the life of your mortgage.
Here is a list of panels we’re currently on, and we’re adding to it all the time.
If we’re not on your mortgage provider’s panel don’t worry we can still act for you using by using a partner firm.
If you would like to find out more on how the process works head over to our Buying page.
