22 Sep

Homebuyers 'can choose from variety of loans'

Homebuyers 'can choose from variety of loans'

People looking to buy a house for sale in the UK have the benefit of being able to choose from a variety of different mortgage deals.

This is according to Andrew Hagger of moneynet.co.uk, who said that mortgage providers are still offering a number of different products.

"There is still a vast array of home loans to choose from and even if you've already worked out whether it's a variable rate or fixed rate product that you're going to plump for, you still need to fathom out which is the cheapest mortgage for you," he said.

Mr Hagger added that it is not always as simple as comparing them on a website, as there are factors to consider other than which offer the best rates.

The property expert said that working out the most suitable product based on the total cost, including fees, is one of the most difficult problems homebuyers face.

His comments come after Martijn van der Heijden from HSBC recommended people look around at a number of offers available before choosing their mortgage product. ADNFCR-1222-ID-800077278-ADNFCR

Cookies We use cookies to ensure that we give you the best experience on our website. To find out more about our cookies policy, see our cookies policy here or in the footer.