The UK’s top ten mortgage lenders lent a staggering £211.3 billion in 2018, with the top seven retaining the ranking they held in 2017. Whilst the TSB lost its spot at number 10 to the Clydesdale Bank in this money chart, it’s interesting to know that if the Bank of Mum and Dad had been included it would have nudged both of these well-known brands aside, lending £6.3 billion to loved ones in 2018, according to Legal and General.
The UK’s biggest mortgage broker, London & Country, announced the lowest 2 year rate on the market yesterday, 1.24% on a 2 year fixed rate deal at 60% LTV. So if you’re looking for a mortgage for your new home or you’re simply looking for a better deal don’t miss out. Click here to use their online mortgage finder and check the whole market yourself.
Figures from the Bank of England indicate mortgage approvals for the first half of 2019 are higher than a year ago, and London & Country has access to more products than any other broker, including exclusive access to HSBC ones. If you’re not a fan of filling in all your details on an online form, don’t worry, you don’t have to give them your details unless you want to secure a particular mortgage product, they won’t credit score you until you actually apply for a mortgage and unlike most brokers they won’t charge you a penny! So what are you waiting for…..?