Best Bank to use for Mortgage

The best bank for the mortgage

The broker should also check the mortgage offer, but should not rely on it. Large FREE cash for the bank draft is back. There are five good ways to get a mortgage from a home savings bank:

When you are fighting to find a mortgage, a home savings bank can be a good place to begin. Every fifth mortgage loan in the UK is provided through a home savings bank. There are five good ways to get a mortgage from a home savings bank: Strong interest rate - Bausparkassen offer some of the best interest rate products on the markets.

When we look at two-year fixed-rate mortgage loans from the five cheapest offers currently available, four are provided by home loan and savings associations. The Chelsea Construction Society currently offers a 1.74% transaction, the Yorkshire Construction Society a 1.94% and 1.99% transaction and the Norwich and Peterborough Construction Society a 1.99% transaction.

Client services - Bausparkassen have a good record of offering good client services. Figures from the GfK NOP research organization last year showed that 22% of home loan and savings clients believe that their providers value them as clients rather than bank clients. 17% of the Bausparkasse's clients were more likely to believe that their supplier had been acting in their best interest.

Resilience - Bausparkassen tend to give loans to clients that look a little riskier than a bank. Over the past few month, a number of bausparkassen have introduced a range of bausparkassen targeted at first-time purchasers and those with small deposit requirements. Over half of the 95% mortgage loans on the mortgage loan and savings markets are provided by bausparkassen.

Services for the locals - Many bausparkassen have items that are only available to the locals. So the Cumberland Buildings Society, for example, only provides certain services, such as its 95% five-year fixed-rate mortgage, to clients living near a subsidiary. Also, for those items that are available to everyone, they will give up to 15% more to clients who reside in their business area.

Unlike a bank, bausparkassen are held by their members, and instead of payment to stockholders, all earnings are reinvested in the company.

Auch interessant

Mehr zum Thema