Where to go for mortgage advice
Article Abstract:
There are many different sorts of mortgages on offer, with varying repayment methods so it is important that people select one which suits their needs. However, advice from lenders is often confusing. The industry launched a code of practice in 1997 which attempts to regulate the advice which is offered to customers. Unfortunately, some lenders are not complying with the code. Staff in less than half of 66 branches which were visited told customers about the code. Some lenders provide information rather than advice because this protects them from criticism later if the advice is bad.
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Subject: Consumer news and advice
ISSN: 0043-4841
Year: 1998
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Pick the right mortgage
Article Abstract:
Homeowners can save a lot of money by switching their mortgage or selecting one carefully when they buy a new home. The lenders which have previously offered the lowest interest rates are the Chesham, Chorley and District, Penrith and Stafford Railway. The best buy one-year fixed rate mortgages include those from Bank of Ireland Mortgages and the National and Provincial.
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Subject: Consumer news and advice
ISSN: 0043-4841
Year: 1995
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Choosing the right mortgage
Article Abstract:
Types of mortgage and mortgage products, fixed-rate mortgages, discounted mortgages and the Annual Percentage Rate of charge (APR) are explained. Lenders who have been constantly cheap are listed with predictions of their future charges. Considerations for risk, flexibility and tax relief are described. The costs of changing a mortgage are given.
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Subject: Consumer news and advice
ISSN: 0043-4841
Year: 1993
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