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How to Get a Great Deal on Your Mortgage

  • Shop around
  • Wise up to fees and charges
  • Talk to your current lender
  • Beef up your credit rating
  • Get independent advice
Call us free on
0800 316 4071

About us

  • Impartial mortgage advice
  • Our advisers aren’t paid individual commission
  • We scour the whole market – even those direct with lenders
  • We give you your own qualified mortgage adviser and caseworker
  • We’ll guide you through the whole process, until you’re holding the keys to your new home
  • We’re authorised and regulated by the Financial Conduct Authority

We’re owned by a registered charity, the Consumers’ Association. We use any profits we make to pay for the campaigning we do on behalf of all consumers.

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5 Ways to Get a Great Deal on Your Mortgage

There are loads of good reasons people remortgage their homes. A new mortgage through a new lender – or a better deal through your current one – could help you consolidate debts, borrow more money, or simply take advantage of a better rate. And getting the right deal could save you a stack of cash in the long run.

So if you do decide to take the plunge, it pays to find a deal that fits your pocket. To get you started, we’ve put together five tips that could help you get a great deal. If you want to talk any of them through, give Which? Mortgage Advisers a call on 0800 316 4071:

1. Shop around

The golden rule of getting a good deal on anything is to shop around. So start researching as soon as you can. Our mortgage rates table helps you compare the total cost of remortgaging deals so it’s a great place to start.

2. Wise up to fees and charges

If you remortgage with a new lender, you’ll have to pay fees . These fees can be hefty – sometimes totting up to thousands of pounds. On top of that, your existing lender could slap you with fees and charges if you jump ship. So make sure you know what you’re paying for, and take into account the cost of interest and fees together when you’re looking for deals.

3. Talk to your current lender

Speak directly to your current mortgage lender. They might be keen to keep your business, and offer you a better deal than you’re getting at the moment. If they do, we can compare their offer to the rest of the market. We’ll also tell you whether you can save more by bypassing us and going directly to other lenders. Ask for a  call back if you’d like to talk this through.

4. Beef up your credit rating 

Your credit rating will affect the kinds of mortgage deals you’ll be offered. So start improving it as soon as you can. Get the ball rolling by requesting your credit report from Equifax, Experian and Callcredit. There’s tips on how and why you should do that – plus loads more – in Which?’s ‘How to improve your credit rating’.

5. Get independent advice

It’s always a good idea to speak to an independent adviser. At Which? Mortgage Advisers, you get a completely impartial service that’s based only on your circumstances. And because our expert advisers don’t get commission, they only recommend the things that are right for you – not the deals that are right for them.

For a detailed chat with a Which? Mortgage Adviser, ask for a call back. Or get in touch on 0800 316 4071

How we’ve helped

We were very satisfied with the service and have recommend it to several friends as a result. Your advice was great – you took the time to explain everything clearly and carefully, which was very useful for someone who didn’t know much going into this.

Adam Cochrane

We think your service was excellent in every way – from the initial advice to the completion of the remortgage. There was no hassle whatsoever and we are very well pleased. We will certainly recommend your services to anyone we know who may be interested. Thank you very much.

Mr and Mrs Thwaites

Thank you for your patience in helping us through the challenges of moving. You did a tremendous job. Thank you very much for helping in the expansion of our happiness.

Paul Robinson

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Get an idea of how much you could borrow and what your repayments might be with our handy calculators.

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We’re here to help you

Contact Which? Mortgage Advisers free from a mobile or landline on 0800 316 4071

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Your home may be repossessed if you do not keep up repayments on your mortgage.

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