Britannia was founded 150 years ago in North Staffordshire. Britannia Mortgages have about 200 branches with thousands of experts and staff and has approximately 3 million members. They have a commitment to their values and assumptions. Britannia Mortgage has a mission to become a renowned organization which makes its people proud to be associated with them. Their customers are their main priority. Its motive is to become easier, faster and cheaper.
Britannia Mortgages are provider for high class mortgages. It aims in providing best deals to its customers. It is completely favorable to calculate interest here. Each day on the basis of balance the interest is calculated which results in falling of the customer’s mortgage and the money of interest also falls.
Britannia Mortgages offer different mortgages:
- Fixed Mortgage: You can protect yourself from interest rates with the help of fixed rate mortgage. You can take advice from experts who will guide you to compare fixed rate mortgages. With 2 year fixed rate mortgages, the period of your rate is fixed for 2 years. It cannot be affected by the base rate changes. They are available with most mortgage lenders. It helps in knowing their monthly payments and will remain the same till the mortgage term. Fixed rate mortgage types are 2, 3, 5 and 7 years fixed mortgage.
- Tracker Mortgage: Tracker mortgage helps in tracking the base interest rate which is helpful in reducing your mortgage rate. Some experts expect the base rate to rise while others expect them to remain low; in this case tracker mortgage is helpful. One of the most flexible mortgage is the Tracker mortgage ; in this type the customer’s rate changes to base rate of Bank of England. Britannia mortgage tracker has two variables like life time tracker and 2 year discount tracker. For buyers have a good choice.
- Offset Mortgage: It allows you to use savings balance which you would use in reducing the mortgage balance on which interest is changed.
- Flexible Mortgage
- Standard Variable Rate Mortgage
- Existing Borrower Mortgage
Britannia Mortgages offer savings mortgage if the offset and flexible mortgages are not affordable. In savings mortgage you need not move saving accounts or credit cards. Members who give its entire value to them; Britannia Mortgage is dedicated to them. Increased rates can be expected here by its customers. Beginners can get home buyers insurance. Britannia Mortgages provide many options for different types of mortgages with great flexibility and feasibility.
Other Britannia products are:
- Britannia child trust funds.
- Britannia savings.
- Britannia mortgage protection insurance.
- Britannia home insurance.
Britannia Mortgages offer a wide variety of different products like tracker mortgage, discount and 2-3 fixed rate. Before choosing a mortgage; make sure of a few things to avail the best possible deal.
- Survey and then compare the mortgage quotes carefully.
- Take advice from mortgage specialists and experts.
- Get updated about the best deals available before choosing any mortgage plan.
There are many sites available online which will help you in deciding the best deal for you.