Let's compare mortgages

buy policy from compare the market and get free cinema tickets

Mortgages: How much could I borrow?

Get an idea of what you could borrow and then have a look at our mortgage tables to find out what you could pay during the initial rate period. If you feel like you might need a bit more guidance, why not call2 our dedicated mortgage broker moneyQuest Mortgage Brokers Ltd1. They can take you through a free initial advice and quote service to get you started.

 

Enter your annual income to see how much you could borrow:

£
£

Need help?

Contact the experts moneyQuest Mortgage Brokers Ltd on

0141 243 5633 Mon to Fri: 9:00 to 5:00

 
Who are 'moneyQuest Mortgage Brokers Ltd'? 
Calls to moneyQuest Mortgage Brokers Ltd are charged at a national rate from a BT landline, however, calls from other networks and mobile providers may vary.
You could borrow... £ Calculator

Start comparing mortgages now

Compare mortgages

A simples guide to mortgages

Looking for something else?

Frequently thought questions

We do appreciate that questions about comparing mortgage deals are a little too boring to be asked, but they can be thought.


So we’ve compiled the following simple answers to questions frequently thought, about finding the best mortgages when comparing.

Why compare mortgages with comparethemarket.com

We help you compare mortgages from financial providers, helping you find great rates in the mortgage market.

 

Everything is arranged in order of monthly payment. Our easy-to-understand categories will also help you check rate types, arrangement fees and introductory rates.

 

You can even arrange for a call-back from our trusted partner MoneyQuest who can guide you through the mortgage application process and establish whether you are likely to be accepted. They have over 20 years’ experience in helping customers secure the perfect mortgage.

What do you need to compare mortgages?

You’ll only need to enter basic details including the type of mortgage, payment options, the property’s value, how much you want to borrow and over how long.

What else can I compare by?

We’ll let you compare mortgages by rate type, which include:


Fixed rate: With this type of mortgage, the interest rate stays the same throughout the period of the mortgage. A period normally lasts between one and five years, but you can get ten year fixed rates. This type of mortgage could be good if you need to stick to a budget, as it’s predictable. However, it may not be so great if mortgage base rates go down, leaving you paying over-the-average.

 

Tracker: This type of mortgage has an interest rate that is tied to the Bank of England base rate. The mortgage changes with the base rate. Most trackers have terms of two or five years, but you can get lifetime (aka term) tracker mortgages. Trackers could be an attractive option as their rates tend to be lower than those on fixed rate mortgages. However, you need to be prepared for shifting repayment amounts.

 

Discount:Another type of variable mortgage, discount mortgages differ from trackers in that they are not tied to the Bank of England base rate. Instead, they are linked to the lender’s standard variable rate (SVR), normally over one to five years. Discount mortgages could be great as monthly repayments could fall as well as rise, but are a little more complex and unpredictable compared to trackers.

 

Offset:Probably the most complicated option, offset mortgages link your savings to your mortgage debt. With this type of mortgage, you don’t earn interest on your savings - instead, your money is set against your mortgage so that you pay less interest on the debt. Available with fixed or variable rates, offsets are great for paying your mortgage off quickly. They also offer a bonus benefit for those in the higher or top tax brackets, as you don’t pay tax on your savings.

What are the common fees when applying for a mortgage?

Advice fee: If you seek help from a mortgage advisor, you may have to pay for their services.

 

Booking fee: Tends to be around £99 (although some lenders don’t charge at all). This ‘reserves’ your loan as the application goes through. It’s worth noting that this won’t be refunded if you decide not to take out the mortgage.

 

Arrangement fee: This is what you pay your lender for setting up the mortgage. While a typical price will be around £1,000, it could be as much as £2,000. You can pay upfront, or roll it into your mortgage - but remember you’ll then be paying interest.

 

Valuation fee: There’s no set price for a valuation, and some lenders offer them free. They cover the lender surveying the property you want to buy, to ensure everything is in order and that the property is adequate security for the mortgage.

 

Legal fees: Usually charged as a proportion of the purchase price, these cover a solicitor to do all of the legal paperwork. They include costs of Stamp Duty and search fees.

Looking for tickets?

Unfortunately this product doesn't qualify for MEERKAT MOVIES.

 

Buy your home or car insurance or switch energy with us to qualify for 2 for 1 cinema tickets†