In order to give you their best mortgage quote in the UK, the company you apply to will need at least your: - Employment (how long in your current job);
- If you have a bank account (and how long you've had it);
- Name;
- Address (with post code);
- Time at that address;
- Amount you want to borrow.
You may have to get used to cold calls from other companies for weeks or months afterwards. You can try to stop this by telling the initial company "Please do not sell or pass my personal data on to other companies. Thank you." If you think it's at all likely you'll want to remortgage after a couple of years, avoid getting a mortgage quote UK from lenders who impose ERCs (Early Repayment Charges), especially ERCs that go beyond the offer period or impose an overhang. Many mortgage quote UK lenders with low introductory interest rates are likely to carry ERCs to put you off switching at the end of the offer period.
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Here is a simple guide to different types of mortgage quote in the UK:
Discount: These mortgages offer a discount off the lender's Standard Variable Rate (SVR}. Although the starting rate may seem desirable, this is still a variable rate and could go up and down with the SVR, which will in turn move in line with the Bank Of England Base Rate (BEBR). It reverts to the SVR after the discount period is over.
Capped: A capped mortgage is one with a variable rate which has a fixed maximum. It will not go above a set rate. This means your repayments will be kept down. It's important not to confuse the initial rate you pay with the capped rate.
Tracker: These products are 'locked in' with the BEBR. A tracker mortgage in the UK will have a set interest rate above the BEBR and move up and down in synchronisation with it.
 Ask about mortgage quote UK today!
Variable rate: Lenders usually change their SVR in line with the BEBR.
Fixed rate: If you need your payments to stay at a particular rate for a set period of time, usually two years, these types of mortgages UK are set for a short period, and usually change back to the lender's SVR. Find out the Annualised Percentage Rate (APR), which mortgage quote UK lenders are obliged by law to display, which gives the interest rate plus any other charges.
Many mortgage quote UK lenders will offer Mortgage Payment Protection Insurance (MPPI) and buildings and contents insurance. You may be able to get better deals elsewhere, from an independent broker, for example, so don't be lazy; shop around before you make a decision. TIP: Don't buy a property without full, professional survey(s). Human beings can be perverse; content to spend £190,000 on a house after half an hour's viewing, but be-grudge spending £490 finding out whether it's worth buying in the first place! | 
