Lenders

Direct Line – UK Mortgage Lender

Direct Line, part of the Royal Bank of Scotland Group, started trading in 1985, selling motor insurance by telephone from a call centre in Croydon. The company now offers a wide range of financial products including mortgages, both online and by telephone, in the UK, Germany, Italy and Spain.

Mortgage Products

Fixed Rate Mortgages: 2 year, 3 year and 5 year fixed rate mortgages.

Tracker Mortgages: 2 year discounted rate tracker mortgages.

Direct Line is actually more renowned for its insurance offerings, in particular for the car and home; however, this big financial player actually offers a very broad and successful amount of financial services, including a very competitive mortgage section. Mortgage applications can be initiated and progressed online and allow a large degree of flexibility in terms of rates and fees. All mortgage applicants are entitled to a discount on home insurance products as well as the option of bundling other products such as savings and loan accounts with the mortgages.

Direct Line prides itself in offering simple, good value, no frills, simple products that are easy to understand and manage. Although Direct Line does not have any branches, clients can do their banking and applications online, or use the UK staffed call centres to get additional assistance.

Other services include breakdown cover, home insurance, life and critical cover insurance. All of which can be taken out alongside a mortgage to offer complete protection.

Website: www.directline.com