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Mortgage >> Egg Mortgage

 

Egg

About Egg Mortgage

The Egg Mortgage is very good value in the long term, flexible to use and maintain and it will offer many benefits to existing Egg customers. The Egg mortgage is very flexible, because any one can take a break or top up your account anytime, the fee is also low and no more complicated tie-ins. The Egg Banking plc is a British Internet bank. In the year 1996 the Egg bank was established. Any one can operate the Egg Account over the Internet from any where. This Bank offers savings, credit cards and loans and also mortgage and insurance products.

The Egg changes the UK market by releasing of its new Egg mortgage service, by this plan the borrowers will access to hundreds of mortgages under one roof. The Egg works with a selected panel of lenders to offer exclusive ‘Easy Choice' on mortgage deals. These mortgages will be ranging from fixed rate deals to cash back offers, and it features free legal fees for re mortgages, no MIG charges and no broker fees.

Various Egg Mortgage Products:

  1. The Egg Discount Mortgage: Egg mortgage is perfect for new home why because it is having the easy re-payments and initial valuation is absolutely free.

  2. Rate and Features:
    • For the beginning two years the egg discount mortgage will start with the variable rate of 4.99% which is very low.
    • The another efficient feature is for the remaining mortgage loan term variable tracker rate is changing of 2% greater than Bank of England Base rate.
    • 7.6% APR, cost is the cost for comparison overall.
    • For choosing appropriate one there are up to Five discount rates which are viewed here.
    • There are also some excellent choices such as borrowing back of overpayments which are made by people, payment holidays and overpaying.
    • There are also things which may apply such as arrangement fee and early repayment charges.
    • The mortgage can be made Offset by cutting the interest which was paid by some one. This can be used to make own their home very soon.
  3. The Egg Flexible Mortgage: This plan contain full of flexible options, borrowing back of overpayments which are made by people, payment holidays and overpaying.

  4. Rates and Features:
    • In this for the term of the mortgage the variable rate of 6.50% which is greater than the base rate of Bank of England at 0.75%.
    • 6.7% APR is the cost for comparison overall.
    • The other feature of egg flexible mortgage is the initial valuation is free here.
    • The mortgage can be made Offset by cutting the interest which was paid by some one. This can be used to make own their home very soon.
  5. The Egg Fixed Rate Mortgage: In this plan the rate's are fixed. Customer will know his repayments are month in, month out for the whole time.

  6. Rates and Features:
    • 6.05% fixed for three years.
    • 6.74% tracking at 0.99% above the Bank of England Base Rate for the remaining term of the mortgage loan.
    • The overall cost for comparison is 6.9% APR.
    • Early repayment charges may apply for the first three years.
    • Free initial valuation.
    • Choose from a range of flexible options, such as overpaying or payment breaks.

The Egg is not having any third parties, it directly services to it's customers, such as providing the information of Egg's mortgage & re mortgage products. The Egg Mortgage products are very conciliatory, like if the customer want fixed rate for a time period,the fixed plans are available for him. Otherwise if he want to change rates for a couple of years, he can chose flexible mortgage plans. Like this the Egg Mortgage is very considerable to every one.

 
Contact Information of Egg
 
No of Reviews : (5)
Over all Egg Rating
Coverage 92%
Cost 88%
Customer Service 96%
Claims 96%
   
Thank you for visiting MortgageLoanBrokers.co.uk, This is the place to share your experiences about the services you received from the top Mortgage Companies. If you received good service from Egg, share it with the world. If you are not satisfied with the company, let it be known to all. Your comments are valuable to us.
 
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Raymundo
Location: High Wycombe, Buckinghamshire
Type of Mortgage: Others
Date: 11-14-2007
   
   
Coverage
Cost
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Summary
Atlast.. I have found the right mortgage company for the purchasing a new home in my city. The Egg has many beneficial schemes for buying a new home and they provide excellent customer service. So, being with Egg was a wonderful experience for me....
Parker
Location: Great Yarmouth, Norfolk
Type of Mortgage: Home Equity
Date: 10-08-2007
   
   
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Cost
Customer Service
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Summary
I had a wonderful experience with Egg mortgage. Their staff were very friendly and well qualified. All their agents has a good knowledge of market and they were constantly communicating me and explaining me about their products. I was very comfortable knowing all the information about mortgage and they have told me each and every step of the process. Until the end of the process they have given me excellent service...
Alex
Location: Cockermouth, Cumbria
Type of Mortgage: Home Purchase
Date: 10-08-2007
   
   
Coverage
Cost
Customer Service
Claims
 
Summary
The Egg mortgage company has very friendly staff and you can easily trust on them. They provide low rate of interest and it is easy to understand about all the instructions. I have sent my documents regarding refinance to the Egg office and they used to intimate me about the each and every step of the processing, until the whole process is finished. This makes me very happy that they provide excellent customer service.....
Johnathan
Location: Cockermouth, Cumbria
Type of Mortgage: Refinance
Date: 10-05-2007
   
   
Coverage
Cost
Customer Service
Claims
 
Summary
The Egg mortgage company has very friendly staff and you can easily trust on them. They provide low rate of interest and it is easy to understand about all the instructions. I have sent my documents regarding refinance to the Egg office and they used to intimate me about the each and every step of the processing, until the whole process is finished. This makes me very happy that they provide excellent customer service........
Joel Patrick
Location: Rainham, Kent
Type of Mortgage: Home Purchase
Date: 10-04-2007
   
   
Coverage
Cost
Customer Service
Claims
 
Summary
When I thought of moving my mortgage I looked for a company to suit me. But I found only companies having poorly trained advisors having mortgage market knowledge even lesser than me. Then I got a Credit Card through EGG mortgage company. What they offer is a tacker mortgage with uplift of 0.75% to the base rate, no penalties, with no tie in period, you can make additional payments as and when you like and there are no obscene fees to join...
 
Disclaimer: Visitors to the site are reminded that the details contained within user comments are uncorroborated and as such should not be read as fact but as the opinion of the person who left the comment.
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