Mortgage guide

Introduction
The mortgage market is a competitive one and there are some great deals to be had and some huge savings to be made simply by shopping around and choosing the right deal. However, for the uninitiated, there are also many pitfalls to look out for and, with thousands of products, making the right choice can be a nightmare. The Moneynet Internet site (www.moneynet.co.uk) is a service aimed at the consumer that makes the mortgage finding process easier. Moneynet, launched in 1997, was the first company to publish mortgage information in an inter-active way and to make that information available to the consumer - previously this type of information has been made available to brokers and financial advisers only. The aim of this guide is to assist with other areas of the decision making process and I hope that you will be able to use this publication together with the Internet site to source the best product for your requirements and circumstances. One important point to note is that Moneynet is an independent company and we have no interest in promoting one product or lender over another. We simply provide an information service which is funded, primarily, by the sale of advertising space. Our web site contains details of over 100 lenders products and covers well over 95% of the market. Follow this guide through step by step and I hope that we can unravel some of the mysteries of the mortgage market for you. I also hope that this will lead to substantial savings for you over the years. Whilst every effort has been made to ensure that the facts in this guide are correct, no liability is accepted for any errors contained herein or for any loss resulting from actions taken as a result of the book. The information published in this guide is not intended as advice under the Financial Services and Markets Act and where individual advice is required it should be sought from a properly FSA authorised adviser. Links to such advisers are available on the web site.