Why mortgage lenders should treat borrowers fairly
Imagine your mortgage repayments doubling overnight.
It’s a borrower’s nightmare, yet it’s much more common than you think. Research by Trussle, the online mortgage broker, found that the mortgages of two million homeowners in the UK had lapsed onto a Standard Variable Rate (SVR). Lenders move borrowers onto their SVR when their initial mortgage deal comes to an end. It means […] Read More.
A history of the Mortgage Switch Guarantee
The Mortgage Switch Guarantee is a set of proposals to improve the way lenders communicate with their customers. But where did these come from?
May 2017: Mortgage Saver Review published Trussle – the UK’s first online mortgage broker – launched the inaugural Mortgage Saver Review (MSR) which looks at problems across the mortgage market. The report sought to uncover why so many borrowers are failing to stay on top of their mortgage and how brokers and lenders could improve […] Read More.
15% ‘salary bonus’ for savvy home owners who avoid mortgage SVR
Millions of home owners across the UK could be sitting on a cash bonus equivalent to a 15% salary increase.
Millions of home owners across the UK could be sitting on a cash bonus equivalent to a 15% salary increase. To get it, they won’t need to work longer hours, work weekends, or even receive a promotion. Instead, they can simply look into their remortgage options online. Who are these home owners? They’re mortgage holders who’ve lapsed onto their lender’s high-interest Standard Variable Rate (SVR) following the end... Read More.