Intelligent Finance Mortgages

...WHY I Chose Intelligent Finance (Mortgage product) -------------------------------- Having had several years previous experience stuck in a Fixed rate mortgage product - which basically means agreeing to pay interest at a fixed rate for an agreed amount of time often with built in restrictions, I was determined not to take out another Fixed rate mortgage. Essentially, I was looking for a mortgage product that’s flexible (by this I mean it ...
...really need to. Intelligent Finance fitted my criteria nicely; it’s flexible, currently offers one type of basic ‘variable rate’ mortgage with a competitive APR (variable basically means the interest rate fluctuates loosely in line with Bank of England’s base rate), no arrangement fees, no penalties and is available for 95% mortgages yet allows freedom to design your mortgage to meet your lifestyle and demands, and one that ...

Connoisseur_Haggler 30.12.2002 (02.01.2003) · Read full review
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Review of Intelligent Finance Mortgages

...lender? Because I discovered Intelligent Finance (IF), or rather a very nice Independent Financial Advisor (IFA) made the introductions – some are nice, honest! IF, as most of us are aware by now, are part of the Halifax group, so they have quite a substantial backing, and I believe this helps when it comes to trusting them with the biggest loan in my life (well at the moment anyway!). (I should let you all know now, that our new loan is ...
...include the figure that we are going to be paying into an ISA in order to cover the mortgage so you can still get an idea of the amounts involved.) Basically, it is going to cost us between £3000 and £3500 to redeem our mortgage, due to the tie-ins. With this in mind, I was loath to find myself in another long-term arrangement that we would have to pay to get out of. I have learnt my lesson! So I had a few ideas about what I wanted and didn’t ...

nicci13 25.06.2001 · Read full review
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Review of Intelligent Finance Mortgages

...I decided to go to Intelligent Finance and I was very pleased to hear that they would lend me up to £140,000 - more than enough for what I needed! The deal I got from IF was 6% base rate which is lower than any other lender that I had checked up on at the time. There was a discount of 1.5% for the first 6 months. I have seen bigger discounts for longer periods but the base rates for others were higher. Also, they will refund the valuation fee upon ...
...is no tie-in period which means I can leave them for another lender without penalty! The service I got from IF was nothing short of excellent. Everything was done in a simple and efficient manner and the staff were friendly. The only gripe I did have was that they were still sending correspondence to my old address???!! There is another feature of IF's mortgage which is definitely worth mentioning. This feature is called a "smart mortgage" and ...

Manics 10.11.2001 · Read full review
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Review of Intelligent Finance Mortgages

...then saw a recommendation for Intelligent Finance. I was advised that they were offering a very good mortgage deal by the Tesco.com mortgage supermarket and again in the Sunday Express. This led me to look into what the catches were. The low interest rate was a 1.5% reduction for 6 months then payments would return to normal at the variable standard rate of 6.1% The mortgage had no booking fee, no Lenders arrangement fee, no mortgage Indemnity premium, ...
...that the solicitors dealing with Intelligent Finance have to be listed on their board of approved solicitors. This meant I had to bypass a solicitor who quoted me a very good price and go with another who was slightly more expensive. I went ahead and applied to see what amount of money I could borrow and I was very pleased to see a difference of over £11000 maximum borrowing amount compared to the first mortgage advisor I`d visited. I felt like the ...

floater 30.10.2001 · Read full review
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Review of Intelligent Finance Mortgages

...Nationwide, the Halifax and now Intelligent Finance (also part of Halifax plc) I have had very positive experiences with all three companies, but Intelligent Finance (IF from here on) have excelled themselves. How much does it cost? ~~~~~~~~~~~~~~~~~ As is normal these days, the re-mortgage process costs nothing - There is a valuation fee to pay up front, but this is refunded to your IF account 10 days after completion. To start the ball rolling ...
...all my questions regarding the product(s), discovered what I wanted in detail (even silly things like "So what do you want to name your savings account?") - And phoned IF for me which took about 30 minutes while they tried to sell the usual insurance products that I already had. The use of the adviser costs nothing too – He is paid by IF for introducing me to the company and making the sale. How do things proceed? ~~~~~~~~~~~~~~~~~~~ The survey ...

one47 12.06.2001 (13.08.2002) · Read full review
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Review of Intelligent Finance Mortgages

...this bank as 'so called Intelligent Finance". Their customer service is truly awful. I began the process of getting a further advance on my existing mortgage more than four months ago, but I am still waiting for an offer to be provided. On many occasions I have been told "the advance has been approved, you should find the funds in your current account tomorrow" only to find that the application has got into some kind of blocked state for which the ...
...He was first attracted to Intelligent Finance when he was able to transfer his current account. Since then he has moved his current account and taken out a mortgage, loan and set up savings that he is able to offset with his borrowings. However, even the most basic operations. like making a CHAPS transfer or making a Euro payment are not accessible through the website and it is certainly not possible to increase one's mortgage online without ...

stevehem 14.07.2006 · Read full review
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Review of Intelligent Finance Mortgages

We took out an offset mortgage with IF on the advice of our financial advisor. As my wife and I are self employed we often have money in our accounts waiting for our twice yearly tax bills. It made a lot of sense for us to offset the mortgage against these savings. Setting up the mortgage with IF was fraught with difficulties. We had to resend proof of identity documentation, which didn't inspire confidence. It took excessive periods of time between ...
...was very difficult to get up and running in contrast to other online accounts I have used. I appreciate the need for security, but then so do other major online banks that I have experience with (FIrst Direct and Egg) and I have never come across such a convoluted processes in setting up the IF account. Now we have everything set up, the mortgage works quite well for us, mainly because we save so much in interest by offsetting the mortgage against ...

tameboy 17.10.2006 · Read full review
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Review of Intelligent Finance Mortgages

...you can... I called Intelligent Finance (I know you can do it all online, but - and this is something that I want to stress - I.F. make this absolutely idiot proof) because I wanted to get the application right first time. A very pleasant lady walked me through the whole thing in about 20 minutes. On a Sunday afternoon. I needed to call her back about one piece of info that I could not lay my hands on immediately and left a message for her to call ...
...her shift had actually already ended. On a SUNDAY! Terrific. Unlike previous mortgages (Halifax in-branch advisor, and prior to that a mortgage through a broker) this whole experience, last December, went as smooth as silk. All the documentation was very clearly laid out and well explained, we simply signed here and here, witness signed there also, and popped it back in the envelope provided and posted it. We selected the date of the mortgage transfer ...

eduardob 02.03.2004 · Read full review
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Review of Intelligent Finance Mortgages

Going through this whole ordeal would be too much to bear to be honest so this is going to be a very short review. My apologies to those of you who like long in depth and fully researched stories, but I can only tell you of my experiences after all... It started when my fiance and me decided to purchase a house. It is over £100k and over our budget, but we thought, what the heck. The problem was finding a company to give us a mortgage. The only ...
...company... Shortly after, we were discussing our personal affairs with them about money coming in and out and such, all to be confirmed by post. When our forms arrived to sign, I noticed they had decided to call me 'David Peter Kent Kent'. I quicky called to correct them - "it shouldn't take a second" I said. I eventually got through and was asked for my Jar. Having plenty of jars of jam, branston pickle and apple sauce, I ran to the kitchen. ...

ffberryb77 11.01.2005 · Read full review
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Review of Intelligent Finance Mortgages

...moved my mortgage over to Intelligent Finance (IF) and on the whole found the service very good. IF actually paid the full legal and valuations fees which saved me about £500 in all. the product is also linked to my current account thus saving me interest charges on the cash that I have in the current account. I have my salary paid into the account and thus save a little in interest on a daily basis as long as the balance stays in surplus. An ...

bounty 17.03.2001 · Read full review
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Review of Intelligent Finance Mortgages

My inital experience with IF was a good one- good inital rate on a Mortgage, usful to have th offsetting feature, which works well. However, once I was out of my special offer period I started looking around and wanted to extend my mortgage-IF didnt want to know!- No more deal available to me- just total disinterest! They even declained to put me through to the mortgage department 'as it wanst worth it'! Got a remortage from Natwest at a muich ...
...the current account- totally and utterly inflexible- didnt carry out written instructions and then just argued on the phone that they were in the right! They will do anything tnot to take any blame for anything and to max your charges! Recent chnages (5 working days to clear a cheque-starting from the day after they receive it) and other chnage means Im closing my current account too! My advice- use them if you can get a deal-then walk away wehn ...

geezer38 05.04.2007 · Read full review
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Review of Intelligent Finance Mortgages

I obtained a mortage with I.F in December 2004. It was quite hard work from what I remember but have had no problems since. My partner was self-employed and it was pretty much impossible to obtain a mortgage for the amount we needed. Other banks (including my own) offered us amounts that wouldnt have bought a shoe box. Think our rate is 5.70 at the moment and I love the fact we are not tied in by anything. We needed a payment holiday for a couple ...

mamacassa 04.04.2006 · Read full review
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Review of Intelligent Finance Mortgages

Changed from a normal run of the mill morgage bank to IF and were sightly cautious, but so far so good, its worked very well for us. Looked at many other off set morgages and spoke to friends and this appeared and has been the most simple one to use and by far the easy one to understand. Its great to be able to look at your account at any time on line and notice the morgage actually being paid off. This account has worked well for us and can't understand ...
...you can't lose as you have total control over your money. Customer service to date has never been a problem. The forms that are sent out again, don't need to be a rocket scientist to read the forms. You get all the normal stuff in regards to banking, cheque book and card etc. By having all your finances in one bank also works well in respects to a better interest rate in the long run as your money works well aganst your morgage. ...

markinbelv 19.06.2004 · Read full review
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Review of Intelligent Finance Mortgages

If only Intelligent Finance was as fantastic as I had been lead to believe. The idea of offsetting appealed to us so we moved our mortgage to them (as supposedly more flexible than First Direct). As we have a joint mortgage all accounts opened in either party's name have to be approved by the first named account holder, not necessarily a problem, but not ideal. All statements, which ever account they relate to are sent out in joint names (I did ask, ...
...my mind rather old fashioned!!) After some teething problems (errors in interest, payments not made), which were sorted out, albeit slowly, I started to change my view and began to think it was ok. Then more problems, owing to the fact that you can only make one bill payment at a time (how useful is that??) Also once set up,, it is not possible to amend a transaction (or even check if it is there at all). There needs to be some major changes made ...

Arabs 16.07.2003 · Read full review
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Review of Intelligent Finance Mortgages

We were really please woth IF as they were able to offer a total package surrounding a flexible mortgage. As we as the mortgage (which we can over-pay) we also off-set our current accounts, savings accounts and ISAs. While our savings and current accounts are off-set against the mortgage we are saving more money in mortgage interest than we could earn if the savings etc where elsewhere. This is saving money and shortening the life of our mortgage. ...

newey 14.11.2005 · Read full review
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Review of Intelligent Finance Mortgages