3 min Read
01 Feb 2019

Written by Damien

Damien is one of the most widely quoted money and investment experts in the national press and has made numerous radio & TV appearances. He created MoneytotheMasses.com while working in the City when he became disillusioned with the way the public were left to fend for themselves because they could not afford financial advice.

More about Damien

Review your mortgage in minutes – all online

If you already have a mortgage then you may be paying an unnecessarily high-interest rate on your mortgage, so wasting money. Reviewing your mortgage may seem daunting but in reality it’s easier than ever to do it all online. It is also possible to be alerted whenever there is a better mortgage deal in future than the one you are currently on, so ensuring that you are always on the best deal.

Reviewing a mortgage is the one time that I would ALWAYS use a mortgage adviser because the mortgage rates you see on comparison websites are only indicative. That means that if you apply you are not guaranteed to be accepted by the lender because of your financial circumstances, which could end up damaging your credit report. But gone are the days of having to meet a mortgage adviser face to face. There are now companies that can do everything for you online. They will find the best deal that you are most likely to secure and even do all the administration work for you.

What you need to do:

TIME NEEDED - 10-15 MINUTES

If you don't know a mortgage adviser whose opinion you trust, then click through to Habito, one of the first online mortgage brokers in the UK. I've personally been into Habito's offices to grill them over their proposition and recommendation process and was impressed. Habito also has 5 stars on Trustpilot from over 2400 customer reviews. I was impressed with Habito because it has built technology that allows it to:

  • track and access the whole of the mortgage market in seconds
  • review over 20,000 mortgages from more than 90 mortgage lenders
  • tell you how much you can borrow and make a recommendation
  • continually monitor the market for you to ensure that you are always on the best deal
  • do all this online with no meetings (so perfect for using during your commute)

It only takes 10-15 mins to register online and they'll be able to give you instant, free mortgage advice. Simply click on the above link and then go to 'Get started'.

It's as easy as that and explains why 160,000 people have used Habito already to save hundreds a month.

The theory

If you want to know more about remortgaging then read our article  'How to remortgage and get the best rate' (time to read 14 mins).

Also, you can read my full review of Habito and its service.