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.

Mortgages News

Can the UK economy build on confirmed 1st QTR growth of 0.3%?

The services sector was the driving force behind UK GDP growth

The ONS confirmed that the UK economy grew by 0.3 per cent in the first quarter of 2013 helped by the services sector but economists are concerned that the recovery is eak.

BBA: Mortgage approvals up in April as consumers opt to save

The BBA reports a slight increase in mortgage approvals in April 2013

The British Bankers Association reports a slight increase in mortgage approvals and a 5.5 per cent rise in the number of overall deposits as consumers opt to save.

Nationwide's share of mortgage market rises to 15%

Nationwide announced a solid set of results

Nationwide announced a three per cent rise in profits to £210 million and a rise in its market share for the current account and mortgage markets.

Mortgage lending in April at highest level for five years

The CML reports mortgage lending went up by 4.3% in April

The Council of Mortgage Lenders (CML) reports mortgage lending went up by 4.3 per cent in April compared to March and by 22 per cent compared to April 2012.

London and the south-east drive up house prices

House prices went up by 2.7% in March, according to the ONS

The Office for National Statistics reports a 2.7 per cent rise in house prices driven by growth in London and the south-east.

Average prices for UK homes reach new record high of £250,000

Asking prices rose for the fifth consecutive month, according to Rightmove

According to property website Rightmove, asking prices for homes in the UK have reached £249,841 and over £500,000 in London, the best start to a year since 2004.

Sir Mervyn King warns against "demonising" bankers

Sir Mervyn King has warned that the Help to Buy scheme is risky

The Governor of the Bank of England, Sir Mervyn King has warned that the Help to Buy mortgage scheme unveiled by George Osborne in his budget must not become permanent.

Bank of England lowers inflation and raises growth forecast

The Bank of England issued its latest quarterly inflation report today

The Governor of the Bank of England, Sir Mervyn KLing presented his final quarterly inflation report today and was able to present lower inflation and higher GDP forecasts.


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