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UK Lenders for Mortgages, Remortgages, Homeowner Loans and Personal Loans
There are hundreds of UK lenders to choose from: High Street banks, specialist lenders, building societies, non-conforming lenders, direct only, intermediary only and so on. There are also thousands of different financial products but only some of which will suit your individual circumstances.
Before proceeding:
Research! Research! Research! Information on the internet is freely available and there are many product and price comparison websites. Walk down your High Street and gather information leaflets - ask for an interview to discuss your possible needs. Phone a lender's call centre and ask questions.
Most importantly, seek independent impartial advice from one or more qualified financial advisors. The more important the product the more this holds true. For mortgages and remortgages we strongly recommend that you do this - it need not cost you a penny.
At the end of the day, you will borrow money from a principal lender and it is with them that you will build a relationship. Choose badly and you could be stuck with poor service for years.
Remember that to operate legally lenders must all be authorised to conduct business by a government regulator: the Financial Services Authority regulates the mortgage industry and the Office of Fair Trading regulates secured and unsecured loans via the Consumer Credit Act.
Here is a list of the UK's leading lenders with links to help you understand who you are dealing with.
Abbey |
Alliance & Leicester |
Barclays |
Birmingham Midshires |
Bradford & Bingley |
Bristol & West |
Britannia Building Society |
Chelsea Building Society |
Cheltenham & Gloucester |
Coventry Building Society |
Derbyshire Building Society |
Direct Line |
First National |
GE Money |
GMAC-RFC |
Halifax |
HSBC |
igroup |
Intelligent Finance |
Lloyds TSB |
Mortgage Express |
Mortgages plc |
Nationwide Building Society |
NatWest Bank |
Norwich & Peterborough |
Preferred Mortgages |
Scarborough Building Society |
Scottish Widows Bank |
Skipton Building Society |
Stroud & Swindon |
UCB Home Loans |
Woolwich
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