Why do I need a mortgage?
Unless you are one of the lucky few who can afford to buy a property outright, you will probably require a mortgage to fund a purchase. A mortgage allows you to borrow thousands of pounds at a rate of interest that is not much higher than inflation. The mortgage is paid back over a long period of time, for example twenty five years, which may seem like a long time to be making repayments until you consider that the monthly cost is likely to be lower than if you were renting a similar property.

What could go wrong?
Getting a mortgage is easy. Getting the right mortgage is hard!
If you choose the wrong mortgage, out of the thousands on offer, then you could end up paying thousands of pounds extra in interest payments, fees and other charges.

How do I find the right mortgage?
That's where we come in. This guide is designed to help you understand the process of obtaining a mortgage. The number and variety of mortgages is vast and in this guide we have aimed to cover as much information as possible. Therefore the guide may appear very daunting, however once you have read the first few topics you should have a good idea of which areas to focus on. We do not advise reading the entire guide as much of the information will not be relevant to you personally.
If you do get stuck you can call an independant financial adviser on 0207 9999999. They will talk through your needs and help you make a decision that's right for you.