![]() ![]() This number is subject to change.įor buy-to-let landlords, there's no guarantee that it will be possible to arrange continuous letting of a property, nor that rental income will be sufficient to meet the cost of the mortgage. ![]() Tracker rates are identified after comparing over 12,000 mortgage products from over 100 mortgage lenders.Īs of January 2023, .uk has access to over 100 lenders. We can't always guarantee we will be able to help you with your mortgage application depending on your credit history and circumstances.Īverage mortgage decision and approval times are based on .uk's historic data for lenders we submit applications to. *The savings figure of £290 is based on .uk remortgage customers in August 2023. agreements such as the Paris Climate Agreement. Your home may be repossessed if you do not keep up repayments on your mortgage. Through the Principles, banks take action to align their core strategy, decision. Your savings will depend on personal circumstances. After receiving your Decision in Principle you can choose to receive mortgage advice or, if you already know which mortgage you wish to apply for, you can complete your application entirely online, however, you will not receive advice. You may have to pay an early repayment charge to your existing lender if you remortgage. Getting a Decision in Principle online now. Speak to a mortgage adviser if you’re not sure which lender will suit you best. If you have a more complicated case, like bad credit, you might need to go to a specialist lender for the best deal. Larger lenders do tend to offer a wider range of products and deals but you may find that other smaller lenders can offer something better suited to you. Should I choose a high-street mortgage lender?Ĭhoosing a lender should depend on whether they’re the right choice for you and your situation. The largest lenders are those that have lent the most. This means that the lenders listed here provided the most mortgages in 2021. An Agreement in Principle (AIP) is sometimes called a Mortgage in Principle (MIP), Decision in Principle (DIP) or an Approval in Principle (AIP). UK Finance ranks lenders based on their market share. Nationwide Building Society - £35.4 billion NatWest Group (includes RBS) - £36.1 billion The Lloyds Banking Group (includes Halifax) - £55.9 billion According to the latest data from UK Finance, these are the top 6 largest lenders in the UK²:
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