Get the right mortgage from 100+ lenders.
First-time buyer, moving home, or remortgaging? We check every major lender to find you the best rate. Your adviser handles everything.
Albot
Your mortgage guide
What is a mortgage?
A mortgage is a loan secured against your property that lets you buy a home without paying for it all upfront. You borrow from a lender and repay it, plus interest, over an agreed term, typically 25 years.
First home, next home, or better rate on your current one. The right mortgage can save you tens of thousands of pounds over the life of the loan.
Most mortgages are repayment mortgages, where each monthly payment reduces both the interest and the capital you owe. By the end of your term, you own your home outright.
Rates, deposit requirements, and eligibility criteria vary widely across 100+ lenders. That's why independent advice matters: you need someone checking the whole market, not just one bank's products.
Important: Your home may be repossessed if you do not keep up repayments on your mortgage. Make sure the monthly payments are affordable before going ahead.
Mortgages are regulated by the Financial Conduct Authority (FCA). Applications are handled by qualified advisers who are authorised and regulated by the FCA, so you're protected by strict rules on fair treatment, clear information, and responsible lending.
Repayment vs Interest-Only
How the main mortgage types compare
Repayment
Interest-Only
For most buyers, the repayment mortgage offers
Which mortgage is right for you?
Your situation is unique. Here are the most common mortgage types and who they suit best.
First-time buyer
Your first step onto the property ladder. We check 100+ lenders to find the best rate for your deposit size and income.
Remortgage
Your current deal ending soon? Switch to a better rate and potentially save hundreds per month. We make the switch straightforward.
Moving home
Upsizing, downsizing, or relocating? We find the right mortgage for your next move and can port your existing deal where possible.
Buy-to-let
Investing in rental property? Buy-to-let mortgages have different criteria. We find deals based on your projected rental income.
Self-employed
Variable income or own a business? Specialist lenders understand self-employment. We find mortgage options suited to your accounts.
Less-than-perfect credit
Missed payments or adverse credit history? Specialist lenders consider your full situation. Options may exist where high-street banks say no.
Other situations we can help with:
Why use Albot to find your mortgage?
Going directly to one lender means missing what everyone else offers. Here's why the whole-of-market approach wins every time.
Access 100+ lenders
High-street banks only show their own deals. We check the whole market, including exclusive broker-only rates you can't find on comparison sites.
Save money over the term
Even a small rate difference adds up to thousands over a five-year deal. We check 100+ lenders so you're not leaving money on the table.
Expert guidance throughout
A qualified adviser explains your options in plain English, handles all paperwork, and keeps the process moving from application to completion.
No credit footprint to check
Checking your options uses a soft search. It doesn't affect your credit score or show up to other lenders. Explore freely, commit when you're ready.
Specialist solutions for complex cases
Self-employed, non-standard credit, unusual property, or non-standard income. Specialist lenders exist for exactly these situations. We know which ones to approach.
Results in 90 seconds
Answer a few quick questions and see what's available for your situation instantly. No lengthy forms, no waiting, no pressure to proceed.
Three steps to your mortgage
Simple, fast, and handled by experts. Here's what happens when you use Albot.
Quick questions
Tell us about your property, deposit, and income. Takes 90 seconds. No commitment, no credit check.
⏱ 90 secondsSee your options
Albot checks 100+ lenders and shows you the best rates available for your situation right now.
⚡ Instant resultsAdviser handles everything
A qualified FCA-regulated adviser reviews your options, handles the application, and keeps you updated to completion.
👤 FCA regulatedFaster search. Better rates. Less stress.
We combine smart technology with expert advisers so you get the right mortgage at the right price.
Whole-of-market search
100+ lenders checked instantly. AI-powered matching shows your best available rates in seconds, not days.
Expert adviser support
Qualified FCA-regulated advisers handle your full application. Real people who know mortgages, not call centre scripts.
Total transparency
All costs shown upfront before you commit. No hidden fees, no confusing small print, no surprises at completion.
No credit footprint
Checking your options uses a soft search only. Your credit file stays intact while you explore what's available.
Common questions about mortgages
Clear answers before you start your application.
How much can I borrow for a mortgage?
Most lenders offer between 4 and 4.5 times your annual income, though some specialist lenders go up to 5.5 times. The exact amount depends on your income, deposit size, existing debts, and the lender's affordability assessment. Use our 90-second check to see actual figures based on your situation.
How much deposit do I need?
The minimum deposit is typically 5% of the property value. A 10% deposit opens up more lenders and better rates. The best mortgage rates are available from 25% or 40% deposits. If you have a smaller deposit, don't worry. Many lenders cater specifically for 5% and 10% deposit buyers.
What is the difference between fixed and variable rates?
A fixed-rate mortgage locks your interest rate for a set period (typically 2, 3, or 5 years), so your monthly payment stays the same regardless of market changes. A variable rate (tracker or SVR) moves with the Bank of England base rate. Most buyers prefer the certainty of a fixed rate, especially when budgeting is important.
Can I get a mortgage with a less-than-perfect credit history?
Yes, in many cases. Adverse credit (missed payments, defaults, CCJs, or a discharged bankruptcy) doesn't automatically mean no. Specialist lenders assess your full picture, including your current financial stability and the size of your deposit. Rates may be higher, but options exist where high-street banks decline.
How long does a mortgage application take?
From application to mortgage offer typically takes 2–4 weeks. Full completion (including legal work and surveys) usually takes 8–12 weeks for a purchase. Remortgages can be faster, sometimes taking just 4–6 weeks. Your adviser will give you a realistic timeline based on your specific situation and the lender chosen.
What happens if I can't keep up repayments?
Your home may be repossessed if you do not keep up repayments on your mortgage. If you're struggling, contact your lender as early as possible. Lenders are required to treat customers in financial difficulty fairly and will usually try to help before taking any action. Only borrow what you can confidently afford.
See your mortgage options in 90 seconds
No commitment. No credit check. No fees to explore.
Get my free quoteRepresentative Example (Residential Mortgage)
A repayment mortgage of £200,000 payable over 25 years on a fixed rate of 4.59% for 2 years, then reverting to the lender's standard variable rate of 7.99%, would require 24 monthly payments of £1,113.40 followed by 276 monthly payments of £1,458.29. The total amount payable would be £430,208.84 made up of the loan amount plus interest of £229,508.84 and fees of £700. The overall cost for comparison is 7.8% APRC representative. This means 51% or more of customers receive this rate or better for this type of product.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Albot is an introducer and technology platform, not a lender and not a broker. Applications may be passed to a qualified FCA-regulated mortgage adviser. Rates are subject to status, affordability checks, and lender criteria. The representative example above is illustrative only — your actual rate and payments will depend on your individual circumstances.