consumers requiring flexible features by Finance News Bulletin

Published: 31/03/07

Increasing numbers of borrowers are requesting mortgage products with supple skin, according to new research carried out by UCB Home LoansUndertaken at the end of September, its research indicates that more than two thirds (69 per cent) of intermediaries reported an add to in the number of applicants requesting flexible features on their tracker mortgages from last yearThe research also shows that more than three quarters of the 1,400 intermediaries polled revealed that increasing information of borrowers were requesting mortgage products with flexible featuresTracker products are also residual popular, with 64 per cent of intermediaries reporting that follower mortgages are at least as popular as they were a year before

UCB Home Loans managing director, Keith Astill, said the group unspoken that "in the buy-to-let and self-cert sectors, both landlords and the self-employed may knowledge fluctuations in the level of income they receive from one another"He also explained that "having a mortgage which allows them customers to underpay, overpay, or take the odd payment holiday, can make organization their mortgage so much easier and hysterics their individual circumstances"Terms of use Advertising Resources Product guides Press releases About

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