There are a number of mortgage companies operating in UK at present.  Mortgage calculators are used to calculate the mortgage rates and how much amount can be borrowed from the particular company. Different companies offer different mortgage plans and you can chose a plan that best suits your personal needs and requirements. It is your own personal choice whether you want to apply for a mortgage online or want to visit the mortgage lenders personally. Almost all the leading mortgage lenders in UK have online subscriptions for those who are interested. Some of the top mortgage companies have been listed in the following paragraphs.

1. Halifax building society: Halifax has merged with the bank of Scotland. It offers various mortgage deals to suit everybody’s interest with a lot of special features like interest only mortgage and repayment mortgage. With the interest only mortgage one has to pay the interest throughout and the real mortgage amount doe not normally reduce. For that money is invested into another investment so that the mortgage can be paid off at the specified time. Whereas repayment mortgage are the mortgages where both the interest and the capital is paid. If u have another mortgage and want to switch you can avail the Halifax re mortgage. They take care of the paperwork themselves. They also offer a whole range of buy to let mortgages. You can use the mortgage calculator to calculate the interest rates of different mortgages and chose the deal that best suits your interests.

2. Northern rock: Northern rock is one of the top five mortgage lenders in the UK. A mortgage calculator can be used to evaluate the mortgage rates on the specific mortgage loan. You can also apply online. It offers a range of different mortgage deals namely buy to let mortgages, lifetime mortgages and together mortgages. You can also apply online for the mortgage deal of your choice except for the buy to let mortgages.

3. Abbey: Abbey has a standard variable rate of 7.34% whereas the base rate      more commonly known as the reputation rate of the bank of England is at the moment 5.25%. Abbey offers all kinds of mortgages. You can apply online and use the abbey mortgage calculator to find a desired deal at Abbey. It offers tracker, fixed rate and flexible mortgages along with buy to let mortgage and home mortgage. If timely payments are not made the home against which the mortgage has been taken can be repossessed.

4. Nationwide: Nationwide deals in mortgage loans, investments, mortgages and insurance. They have a huge share in the market and are the second largest mortgage lenders in the UK market.

5. Lloyds TSB: The Lloyds TSB works in partnership with C&G (Cheltenham and Gloucester). Though the Lloyds are the original lenders but it is the C&G that deal with the mortgages. It offers exclusive deals and a lot of money can be saved on the mortgages. It is regulated by the financial services authority more commonly referred to as the FSA.

6. Royal bank of Scotland: It is more commonly referred to as RBS and deals in all kinds of mortgages. Namely offset mortgages, variable mortgages, fixed rate mortgages, lifetime mortgages and the buy to let mortgages. It helps you to choose a mortgage that is best suited to your financial circumstances. So the amount of money that the bank is willing to lend you varies according to your financial situation and the purpose for the loan.

7. Bradford and Bingley plc: it is also regulated by the FSA. Though they offer a wide range of mortgages with competitive rates, their specialty is the buy to let mortgages. Bradford and Bingley are one of the top mortgage lenders in UK. It is carbon neutral.

8. Woolwich: Woolwich is owned by the Barclay bank since 2000. It is one of the top mortgage lenders in UK. It deals in almost all kinds of mortgages and loans and offers a wide range of mortgage deals. It offers the offset mortgages where it can combine the savings with the mortgages.

9. Alliance & Leicester: The alliance and Leicester are also one of the top mortgage companies operating in the UK. The deal in premier mortgage deals, both for the existing customers and new customers. They understand the needs of their customers and come up with the best individual deals for their customers. They help you both in buying a new house and in changing your current mortgage.

10. Hsbc: The Hsbc- the world’s local bank offers the best rates overall in UK. You can chose amongst the tracker rates, the discount rates and the fixed rates. They are one of the best mortgage lenders and their mortgage prices are also transparent. They even offer mortgages without booking fees. They have a wide range of mortgages both for first time buyers and the existing customers.

 Apart from the above mentioned top mortgage companies of UK there are other significant mortgage lenders that are worth a mention. This list would definitely include the cooperative bank, the Chelsea building society and the Yorkshire building society. The Yorkshire mortgage lenders in 2005-2006 were rated as the lender of the year by a mortgage magazine. The Chelsea building society aims to help people who are in the process of buying their first house. As for the cooperative bank it is a financial body that provides different mortgages.