If you're a first time buyer or simply looking to remortgage your property to change to a better deal or to take equity out of your home for other purposes the amount of products on the market can be difficult to choose from as there are so many options.
The days of a 100% mortgage are in the past for the moment and loan to value rates are also at all time lows and many people have simply allowed their previous loans to lapse onto standard variable rates (SVR) because the bank of england base rate is so low.
There are many options to choose from when thinking about which product is best for your personal circumstances so that's why we have produced guides on all types of mortgages. Most people in the UK like to have some form of deal although many have lapsed onto variable rate mortgages because the Bank of England base rate is so low.
The other options available include fixed rate mortgages where rates are fixed for a pre-determined period of time, tracker mortgages where the interest rate tracks the base rate at a certain percentage above and becoming more popular are offset mortgages where you pool all your accounts together to reduce the interest charged and the length of the loan.
For fixed rates your choice is normally limited to 2 or 3 years but many people have opted for 10 year fixed rate mortgages where the rates are fixed for 10 long years. If you are a landlord and rent out your property then check out our best buy to let mortgages rates to see how you could reduce your monthly costs.
To find the latest deals available see the current mortgage rate offers on offer and get a quote for your circumstances and also look at the best mortgage rate deals for fixed and tracker rates from banks and building societies in the uk.
You can see uk property prices and housing market predictions in our property section which also contains all the latest news and forecast trends from the main price index companies such as the nationwide and the Halifax building societies. This data is published each month and we also add in the latest trends and news in between when this data is published.
Whatever type your choose you should carry out your own research and use an independent financial adviser where appropriate as this site is not regulated by the Financial Services Authority in the UK.