Mortgage Promotions to hold breakfast meetings

Amanda Jarvis

January 16, 2006

The meeting are due to take place at:
Livingston Football Club                    7th February
London                                                  8th February
Bristol                                                    9th February
Leeds                                                    13th February
Manchester                                          14th February
One aspect of “Treating Customers Fairly” could be about saving them money.
Intelligent Finance have found out just how many households in Great Britain could be better off with an offset Mortgage
Their research revealed 1 in 3 (34%) of households in the market for a new mortgage could be better off with offset.  In fact, consumers could save an average of £312 in the first year alone by simply moving to an offset mortgage.

Attendance at one of these breakfast meetings will help firms identify those customers who would benefit from an offset remortgage.  And Mortgage Promotions pays the following procuration fee on Intelligent Finance business:
Offset Mortgages – 0.55% of the sum drawn down on completion, over £150,001 = 0.57%

Fixed rate and tracker mortgages – 0.37% of the sum drawn down on completion, over £150,001 = 0.39% of the advance.

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