My girlfriend & I are looking to get a mortgage and I have been looking online (most
I was wondering if the "Overall Cost for Comparison" value is a good way of comparing mortgages? All the "best buys" seem to have a higher value for this than the mortgage I found using the mortgage wizard the site supplies. After going through the wizard and inspecting each offer I have found a 3yr fixed mortgage with the Alliance & Leicester. For our situation, the overall cost for comparison and the total amount re-payed seemed to be lower than anything else on offer. Is this a good way off looking at it?
What about applying online? Are there any caveats? Perhaps I should stop with the online route and start making appointments with a branch on the High Street. I get the impression that few people atually do the application online.
Any advice is much appreciated!
TIA