We have all become more careful with cash in recent months and this should also extend to your choice of mortgage products.
- Don't take the first mortgage you are offered for fear that you won't get offered another one.
- Don't accept everything that your lender says as gospel. Ask questions and get a second opinion.
- Don't get sucked in by ... special offers. There's usually a catch.
Take a common sense approach when looking for a mortgage. You can do some simple research about what's available on the web. Talk to your friends about it - they all have a story to tell. But don't get sucked in by anecdotal evidence. Look for the facts.
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