You are here: Home - Your Community - Top Comments -

‘Brokers already have a mortgage switch guarantee’ – Star Letter 21/07/2017

by:
  • 21/07/2017
  • 0
‘Brokers already have a mortgage switch guarantee’ – Star Letter 21/07/2017
Each week Mortgage Solutions and its sister title Specialist Lending Solutions select the most thoughtful or thought-provoking comment to be the week's Star Letter.

This week our Star Letter accolade is awarded to Doug for his comment on the post: Trussle says Mortgage Switch Guarantee could save borrowers £15bn

He wrote: “Brokers already have a mortgage switch guarantee with lenders like Halifax who offer a product transfer service and don’t take into account the client’s income or credit score when allowing this switch.

“I’ve just done a £264,000 product transfer from a two-year fixed at 2.14% to 1.74% three months early for a legal solicitor/barrister who went from employed to self-employed in April this year, so a full [direct to consumer] remortgage would be difficult.”

There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.

Profiles

Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.

Marketwatch

Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.

Poll

Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.

Read previous post:
Look back at the British Mortgage Awards 2017 – enjoy

Revisit the highlights and winners from the 2017 British Mortgage Awards held at the Park Plaza, Westminster earlier this month...

Close