Intelligent Finance mortgages
Intelligent Finance was founded in 2000 and is a division of Bank of Scotland plc.
The lender specialises in offset mortgages with a large range that cover first-time buyers, those moving home and those looking to remortgage.
Offsetting works by using the balance in your intelligent finance savings or current account to reduce the balance on which you pay interest on your mortgage rather than paying interest on the whole amount as you would with a standard mortgage.
See below to find out more and for more details of mortgage deals.
- One in six second steppers depends on parents for finance
- Markit: Household Finance Index at highest level since Feb 2010
- Mortgages cheapest since 1999 but rates could be on the rise
- Number of available mortgages 'on the rise'
- Intelligent Finance launches new interest rates
The cots of a mortgage is at its most affordable since 1999 with the proportion of income spent on them by an average household down to 27 per cent, according to new research by the Halifax.
The Bank of England's Monetary Policy Committee voted unanimously to keep interest rates at 0.50% and QE at £375bn but Martin Weale voted against adopting forward guidance on interest rates citing inflation risks.
Eric Pickles has praised the Help-to-Buy scheme, by stating that it has helped around 10,000 perspective homeowners to receive new-build properties.
Confidence in the property market is returning as house price inflation rises at ots fastest pace for six years and more sellers and potential buyers come to the market.
house prices rose by an average of 3.1 per cent across the UK in the 12 months leading to June 2013, according to the ONS.
The Council of Mortgage Lenders reports that lending to first-time buyers is at its highest level since 2007.
The Bank of England's commitment to keep interest rates low until unemployment falls dramatically means homeowners can expect low interest rates but the gloom for savers continues.
The average age of a person buying their second home in the UK has climbed to 42, compared to 31 30 years ago, according to new research by the Post Office.