Lenders

iGroup – UK Mortgage Lender

iGroup, part of GE Money, started trading in the UK in 2005. Mortgage products are marketed through intermediaries.

Mortgage Products

Fixed Rate Mortgages: 1 year, 2 year, 3 year and 4 year fixed rate mortgages and remortgages.

Discount Mortgages: 1 year and 2 year discounted rate mortgages and remortgages.

Tracker Mortgages: lifetime base rate tracker mortgages and remortgages.

A specialist mortgage provider that deals with non-status customers who are unable to get mortgages through standard high street lenders. This does not necessarily mean that iGroup offer mortgages only to those with county court judgements or adverse credit, they also offer a range of options for the self employed or those with unusual circumstance such as regular commission payments which will be relied on to make the mortgage repayments.

Due to the specialist nature of this provider the rates and costs of these products are not generally as competitive as some of the larger and discount lenders, but they do allow borrowers with non-conventional situations to purchase property that would otherwise not be available to them. The mortgages on offer are simple and easy to understand with a range of variable and standard rate mortgages which can be easily swapped between to ensure that situations can be continually reviewed as financial circumstances change.

As iGroup is part of the larger GE Money establishment, it has the benefit of being able to negotiate good packages with providers and has a background in providing discounted and standard mortgages.

Website: www.igrp.co.uk