Is there any decent sites out there (well im guessing there is), that gives you some good morgage quotes on what your earning, different years of morgage, 100% morgages etc etc?

Cheers

Ive been looking at this recently, I used moneysupermarkets comparisons earlier, but from reading http://www.moneysavingexpert.com/ the best advice seems to be to use a fee-free whole market broker to get you the best deal available, one that only takes commish at the end.

moneyextra.co.uk
moneysupermarket

Cheers clcokd. If the broker takes the money at the end, are they willing to help when im just looking about? I am wanting a house this year etc, but at the moment am just looking, and dont know what I can afford really to be honest.

Quote from: chrisdickoCheers clcokd. If the broker takes the money at the end, are they willing to help when im just looking about? I am wanting a house this year etc, but at the moment am just looking, and dont know what I can afford really to be honest.

Yes, they will be giving you the best advice anyway, its in their interest to.

Have a read http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1101649966,86816,

Thanks, will have a good read!

Quote from: Clockd 0Ne[
Yes, they will be giving you the best advice anyway, its in their interest to.

not necessarily - they should give you the best advice - unfortunately as a lot of them work on commission there is a conflict of interest between giving you the best mortgage (which legally they should do) & the mortgage that gives them a good commission - it isnt as though they are looking for return customers so shop around first just to be on the safe side.

Im currently going through a mortgage application.

Ive ended up going with Egg and their 4.74% 2 year fixed rate mortgage.  It seems to be the best value for money mortgage for my situation (plan to over pay, significantly cheaper to switch at end of fixed rate period that others I saw and also allows me to offset my savings before I spend them on house renovations).

When browsing some of the above sites, none of them seemed to recommend egg to me, instead I was kind of struggling to manage the amount of offers they came back with.

I found eggs calculator quite handy too, however it only quotes for 3.25*salary.  If you fudge your salary so you can go past that first check to play with it, itll give you some ideas of figures.

(Note, they will offer more than 3.25 - the final multiple for me is 3.8*salary).

I will highly recommend going for a fixed rate - I wouldnt be surprised if theres 2-3 interest rate bumps in the next 2 years.

Suppose so Dave. You can always get advice from a fee-based broker without going ahead as they will probably give the best advice if they are whole market, then go away and put it through with a commision based broker. Bit unethical though.

If your looking to overpay, etc. Have you thought of looking at Virgins One Account?

Theres also the One Account from RBOS - http://www.oneaccount.com/

Cheers guys. Will have a good look and read at everything!