Information On The Newest Lenders

There are dozens of established mortgage lenders in the UK. Despite this fact several new lenders have been set up to increase the competition even more.

Victoria and Unity have been set up over the last few years to provide a service to borrowers in their respective specialisms. Both lenders have been set up as intermediary only. This means that they are not accessible directly from the public but only through mortgage brokers.

 

Unity is funded by Investec who were seeking a lending proposition in the UK and decided on Unity.

 

Packagers have recently become increasingly disheartened by lenders encouraging direct rather than intermediary business. Some packagers may discourage their intermediary networks from recommending anti-packager lenders. Indeed, in the future packagers may set up more lenders in response to the existing trend of lenders to woo direct business.

May, 8th 2007 TRY OUR MORTGAGE LENDER SEARCH TOOL

Choosing the right mortgage or remortgage

With so many mortgage products on the market... Fixed rate, trackers, capped, interest only, flexible rate, variable rates, offset... it can be difficult to decide which is the best to meet your goals. The criteria that each lender are looking for in a borrower are different as well. Meaning it can be difficult to make a complete application swiftly and efficiently.

Mortgage Intermediaries can help get in touch


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