Tips on shopping around
How to get the best deal
Cars, TVs, double glazing, holidays - whatever you're buying, you look for a good deal by comparing products and prices from different shops or companies. Shopping for mortgages is just the same. You can save yourself money and get a mortgage that suits your needs - by shopping around and comparing information.
Once you know what sort of mortgage you want:
- Use our mortgage tables - to compare the features of hundreds of different mortgages.
- Use the money pages in the newspapers - usually published on Wednesdays, Saturdays and Sundays.
- They often have useful tables listing details of different mortgages.
- Use the internet - some sites will help you compare mortgages and have handy interactive calculators.
The Key Facts documents that mortgage lenders or brokers provide will help you compare products and services.
What to look out for when shopping around:
- Always check that information is up to date before you rely on it.
- Not sure if the information is reliable? Double-check against another source.
- Take 'award-winning' claims from magazines and websites with a pinch of salt!Be aware that magazines and websites that carry advertising may not be impartial.
- Remember to separate writers' personal opinions from facts.
