AA PLANNING TO LAUNCH MORTGAGE RANGE

July 15, 2015 by in category Mortgage News with 0 and 0
In partnership with the Bank of Ireland UK, .AA Financial Services is planning to launch its first mortgage range in 2016

Currently offers savings products, credit cards, life insurance and loans.AA, more widely known for its breakdown services.

“As part of the AA’s new partnership with the Bank of Ireland UK we are looking to provide AA branded mortgages for the first time in 2016. We believe this provides a strategic fit with the AA’s existing home services such as insurance and home emergency cover.”A spokesperson said.

At this moment in time, no further details about the mortgage product range were available.

In order to strengthen its own position in the mortgage market, Bank of Ireland has made a series of improvements to its processes and widened its distribution in the intermediary market

Claiming it was the fastest available on the market taking brokers minutes to submit an application,  in  June, the lender, which is also the funding partner for The Post Office, unveiled its online broker application system.

London Mortgage Advice Ltd is authorized and regulated by the Financial Conduct Authority for residential mortgages and non investment insurance business.

Although London Mortgage Advice Ltd is regulated by FCA, commercial mortgages and most buy-to-let and offshore mortgages are not regulated by the FCA.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

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