About Sainsburys Mortgage
The Sainsburys Mortgage was the first British supermarket to open a bank back in 1997. The Sainsburys Mortgage experts will guide customers through all the steps towards buying customers home, from deciding how much customers can borrow, to moving house. The company now offers a wide range of financial products that can be purchased in store or via their website. It can help first time buyers, if you are moving home or if you wish to remortgage.
It offers everything, including 100% loan, low interest and an easy to use cheque book to give access to spare money on the account. Over payments, under payments are allowed to a certain limit and it was easy to switch to a new Sainsburys Mortgage bank product.
Banking Products Of Sainsburys Mortgage:
- Mortgage - these are relatively new products in any case, giving the customer exceptional freedom to over or underpay on a mortgage commitment (plus up to 30,000 Nectar points- worth £150 each year).
- For credit - there is a choice of four credit cards offering different rates and benefits- the rates are by no means the cheapest available, but then there is a free balance transfer period.
The Sainsburys Mortgage is also providing on Sainsburys Bank, Sainsburys Internet Banking and Sainsburys Website. The Sainsburys Bank offers paperless applications with no forms to fill in and over 40 per cent of applicants will be accepted immediately over the phone. The Sainbury contributes to the same causes as the supermarket group, including trade-linked campaigns such as "Fruit in Schools" and environmentally sympathetic construction and land use policies.
The Sainsburys Internet Banking is enough to give customers precise details of what their financial situation will be if they sign up for a particular product. It reached record levels, according to the Council of Mortgage Lenders (CML). The Sainsburys provides the fixed rate deals, because of the prevailing view that interest rates may still move higher, above the current percent base rate set by the Bank of England, its mortgages are still proving very popular. The Mortgage Loan market is very competitive field now.
Best Awards For Sainsburys:
- British Insurance - voted best Mortgage Payment Protection Insurance Provider2007 by What Mortgage and best MPPI Provider for 2007 by Mortgage Introducer.
- Pinnacle Help U Pay - voted best MPPI Provider for 2003, 2004 and 2005 by Mortgage Magazine.
The main advantages of Sainsburys Mortgage is flexibility and very easy to understand. The Sainsburys Mortgage provides Bonuses based on Nectar points and this product has justifiably won awards.
