Alliance & Leicester mortgages: Borrowers seek advice from brokers
www.moneynews.co.uk > Mortgages > Alliance & Leicester mortgages: Borrowers seek advice from brokers
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Money News |
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Alliance & Leicester mortgages: Borrowers seek advice from brokers
Mon 19th May 2008
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Of the 47 per cent of brokers who feel they provide their clients with more "insight and thought" than they did six months previously, 48 per cent cite lower confidence in the housing market as the main reason, while 22 per cent single out the economy.
The bank has also found that in the last six months, brokers dedicated an average of 29 per cent of their time to advising potential borrowers.
Raj Uppal, director of mortgages at Alliance & Leicester, said: "Borrowers are becoming increasingly aware of the importance of making the right mortgage choice and that they can take advantage of brokers' wealth of knowledge to ensure this."
Earlier this month, Alliance & Leicester launched a new range of mortgage deals offering lower rates for customers requiring a loan-to-value ratio of 75 per cent and under.
Related News : Mortgages |
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Related News : Alliance & Leicester |
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