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Financial Times - Homeowners Opt for Mortgage Product Transfers Over Remortgaging

Financial Times - Homeowners Opt for Mortgage Product Transfers Over Remortgaging

Mortgage brokers have reported a rise in popularity of product transfers as borrowers opt for the low-stress option and lenders prioritise customer retention. With the volume of new mortgage lending down so far this year, mortgage lenders are focusing on keeping customers, with brokers reporting a noticeable improvement in product transfer options. The FT's Jane Matthews investigates.

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Link to Original Article: Financial Times - Homeowners Opt for Mortgage Product Transfers Over Remortgaging