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MoneyBackMortgages.com sees huge growth
MoneyBackMortgages.com, the commission sharing mortgage scheme, has announced that the number of last month's year-on-year mortgage applications increased by a staggering 191%.
When launched in 2006 MoneyBackMortgages.com was the UK's first mortgage service to pay back clients 50% of the commission made from their mortgage.
“We cannot categorically say that the worst is over, but we are seeing a serious resurgence in mortgage applications and activity on the website” said Tony Chewins, managing director. “Moreover, we are seeing a marked increase in the number of remortgages to fixed rate deals which may indicate peoples fears about future Bank of England interest rate increases.”
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