Now a Best-Buy Mortgage Isjust a Click Away ... ; New Website Aims to Revolutionise the Way Consumers Go About Finding and Applying for a Home Loan

Summary

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Anew breed of mortgage website launched today aims to make it much easier for consumers to get home loans online.

Mform.co.uk hopes to encourage more borrowers to search and buy home loans using the internet up to the levels seen in the general insurance market where more than 50 per cent of policies are bought online.

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Extract

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Now a Best-Buy Mortgage Isjust a Click Away ... ; New Website Aims to Revolutionise the Way Consumers Go About Finding and Applying for a Home Loan

In contrast, the number of borrowers getting online mortgages is less than five per cent. Some mainstream lenders, including Abbey, Alliance Leicester and Egg, do not even allow customers to apply online...

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