How to choose your mortgage

Mortgage Guide
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How to Choose your Mortgage
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Which type of mortgage?

One of the most difficult aspects of organising a mortgage is sorting through the four thousand mortgage packages currently available.

However it's not as bad as it sounds because these are really just variations on a few types of mortgage.

To simplify things, we suggest you start by deciding which type of mortgage you want.

Which mortgage is best for me?

That depends on your particular situation. Click on the one most relevant to you for suggestions on Mortgage Requirement.

First Time Buyer

Self-Employed?

Looking for a better deal? / Need to remortgage?

Earn big bonuses but have a small basic salary?

Expatriate / Buying overseas?

Expatriate buying in UK for your return?

Buying to Let?

Muslim – looking for a Sharia-compliant mortgage?

Already a homeowner? Equity Release

Getting divorced?

Want to let your existing home out temporarily?

Remortgages

Another way to consider which mortgage type is best for you could be by deciding which types of mortgages you definitely don't want.

This process of elimination will help you draw up a shortlist of mortgages that you will bother considering.

You can then look for a good mortgage lender who's offering the type you want. (You can read more about Types of mortgages now or later)

While it's quite possible for you to work it all out for yourself you may find it easier to ask an Independent Financial Adviser (IFA), or a mortgage broker, to advise you on the best type of mortgage for your needs.

This can be looked at in further detail in the section: Finding your Mortgage.

Read On

Deciding which type of mortgage you want

How Long Should it Last?

Comparing Mortgages

Should I go for a fixed rate mortgage or a discount rate?

Should I fix my mortgage for 25 years?

Good vs Bad Lenders

Mortgage buying tips

Read On / Mortgage Guide

How to Get a Mortgage in the UK

Types of Mortgages

Remortgages

How to Find A Mortgage

About Mortgages in Principle

Costings of a UK Mortgage

Mortgages TIPS

Calculators for UK Mortgages

A - Z all UK Mortgage Types

Read On

Guide to Buying Home in the UK

Guide to UK Home and Mortgage Insurance

Life Insurance Guide

Glossary of UK Mortgage Terms

Mortgage News

To read more on this subject please see the list below or your mortgage guide or your home buying guide

Read enough? Just want a quote? To get your best mortgage quote quickly and easily we can put you in contact with a recommended mortgage adviser. It's free, completely confidential and there's no obligation at all. Simply fill out the form below


Value of Property	£
		(eg 125000)

Borrow How Much?	£
		(eg 92500)

Your Mortgage Type

First time buyer?		Yes No
Have you found property?		Yes No
Country

Sorry ! The amount you want to borrow is less than £25,000. This is the minimum allowed for a mortgage. But don't worry! You could get the money via a personal loan. I want a free no obligation loan quote Click OK No thanks. I will change my borrow amount to more than £25,000 Click Cancel