Small showing from top banks in most competitive mortgage list by Finance News Bulletin

Published: 07/11/07

The main banks in the UK barely feature in the top 250 most competitive mortgage loans in the UK, according to a recent study by price contrast website MoneyFactscoukThe report found that just 27 of the top 250 mortgage deals approach from the top ten banks in the UK

HBOS, the largest mortgage lender in the country, had nothing The authors of the site apparently described the performance as appalling’Building societies, on the other give, performed very strongly, encompassing some 70 per cent of the list Because of the recognisable, established high street natural world of banks, many customers still choose them, however

Julia Harris, an industry specialist speaking on behalf of the website, reportedly commented: "It is shocking to see that so few of the top priced mortgage deals are offered by the main mortgage lenders The Royal Bank of Scotland collection, under the brands of First Active and Direct Line, lead the method, offering a meagre six out of the top 250 deals Despite the huge amount of information in the public domain, brand and high road values still seem to be winning clientele"Small showing from top banks in most spirited mortgage listNone of the information on this website is intended to promote any specific mortgage product or give mortgage advice

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