If you are looking for a 100% mortgage, it is a good idea to compare what different providers are offering. It is worth being aware that these can be more expensive than deposit mortgages and so you want to compare prices to see whether you can find one that offers you a good deal.
Price is obviously very important when you are choosing a mortgage provider. You want to make sure that you do not pay too much in charges and have a reasonable interest rate. You will therefore need to have a look at different providers and see what they can offer.
Price is not the only thing that you need to think about. You want to go with a provider that you trust. You may have certain ideas about lenders and prefer some over others. It can be worth finding out a bit more about them and their reputation, especially if you have never used them before. Ask friends and family and also look online to find out more about them. It is important for you to be happy with them. You may want to change providers in the future and you need to be happy that you will be able to do it with them. You may have problems repaying and you want to make sure that they will help you. You also want to make sure that their customer services department are easy to deal with.
There are a lot of considerations that you will need to think about when choosing a mortgage provider. You need to be happy with your choice and therefore it is worth drawing up a short list. Of course, there may be some that will not want to take on your mortgage. This is why it is a good idea to have a list of providers, so you can go to another company if the one that first choose does not lend you the money. It can take time to do the necessary research, but it will be worth it when you can relax and put your faith in a lender that you know will treat you well.