Mortgage Comparison Sites, a brief list
There are a number of mortgage comparison sites on the Internet today and the trend seems to be growing. These types of websites are good for the building societies and banks too as they pay a fee and get found amongst their competitors.
These sites then spend a lot of cash into marketing with in various forms such as television ads and Internet marketing to get thousands of visitors a week to their sites. The banks and building societies are very comfortable with this as it puts their latest mortgage deals in front of a very large audience that they would possibly miss out on before.
Its not only building societies and the banks that benefit from these types of website but also the public, people like you and me looking for the best mortgage deals on the market today. And dont forget with these websites, everyone is a winner, and not just the banks and building societies, we all win.
These sites can be found from many countries around the World but as we are based in the UK we can at least offer a few useful sites that we have found;
moneysupermarket.com/mortgages/
moneyfacts.co.uk/compare/mortgages/best-sellers-mortgages/
fairinvestment.co.uk
uSwitch.com/Mortgages
totallymoney.com/mortgages/mortgage-comparison-sites.aspx
totallymoney.com/mortgages/mortgage-comparison-sites.aspx
moneynet.co.uk/mortgages
fool.co.uk/mortgages/
beatthatquote.com/
A popular mortgage calculator can be found at this site: godirect.co.uk/mortgage-repayment-calculator.php
We are not promoting any of these mortgage comparison sites this is just a list we have found of websites that offer a variety of mortgages.
So what about getting a mortgage?
Its becoming quite common these days for mortgage companies to ask for a deposit of 25 or 30 percent. Who has that sort of money kicking around in today’s economic climate, especially the first time buyers, they really do not have a chance at all do they.
You used to be able to get a 95 percent mortgage easily but then you do have to remember that years ago almost everybody’s job was pretty much safe but its just not the case anymore in the job industry.
With all this doubt and what has happened over the last couple of years the banks and building societies have had no choice but to tighten up on who they give loans to, how much LTV (loan to value), and weigh up the individuals risk to protect themselves, especially now.
You can find plenty of mortgages on offer if you look around and they have some very low rates but the problem is, its only really the middle aged people with some equity in their homes that can actually get one of these low cost mortgages.
Read more about Mortgage Comparison Sites at our website.
Brought to you by Colin Castle of Web Centre Plus
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