20th November 2018
There are a number of different ways you can improve your chances of getting a good rate on your mortgage.
We were keen to find out what people considered to be the best way to get a decent rate, which is why we made this the focus of our poll question in October.
48% of those who took part felt that having a large deposit so they can borrow less would be the most sure-fire approach to take.
While 11% of participants said that careful management of their credit score was the best way to get a good rate, a further 11% said that they would use a broker or Independent Financial Adviser.
30% agreed that researching the best deal would be what they’d do, while no one who voted said they would go direct to a lender.
|What do you consider to be the best way to get a good rate on your mortgage?||Results|
|Careful management of your credit score||11%|
|Having a large deposit so you can borrow less||48%|
|Researching the best deal||30%|
|Using a broker/IFA||11%|
|Going direct to a lender||0%|