Ciao - for people with opinions

Latest reviews Latest questions
Write a review Latest videos
Special offers
Home > Finance > Banking & Personal Finance > Mortgage Lenders > Intelligent Finance Mortgages
No image available

User Reviews

for Intelligent Finance Mortgages

Rating Summary based on 16 reviews

  • 5 Stars
    		8
  • 4 Stars
    		2
  • 3 Stars
    		0
  • 2 Stars
    		6
  • 1 Star
    		0
Previous page Next page Page 1 of 2 | 1 to 10 out of 16 Review(s)
  • 122 of 122 Ciao users found the following review helpful
    Picture of Connoisseur_Haggler

    Connoisseur_Haggler

    4 Stars DESIGN your Mortgage INTELLIGENTLY.... Diamond review 30/12/2002
    User recommends the product

    Advantages Advantages flexible, available for 95% mortgages, interest calculated daily, no arrangement fee, no indemnity premium, no tie in period, online/ telephone 24hrs

    Disadvantages Disadvantages lacks personal touch, not available for 100% mortgages, (mortgage deeds not stored), may not suit older persons i.e. up to 65 years due to age restrictions

    Buying a house can be one of the most exciting yet stressful things you may ever do and unless you have thousands stashed away in an offshore account or have just won the lottery, chances are you will have to apply for a mortgage to buy your dream home. There’s no time like the present if you are thinking of buying a property; Bank of England’s base rate has remained low at 4.0% for over a year; so, it could be a good time to borrow. The types of mortgages are endless; fixed rate, capped rate, tracker rate, ISA mortgages, cash back mortgages (ha ha, makes a mortgage sound like ... more
  • 48 of 48 Ciao users found the following review helpful
    Picture of nicci13

    nicci13

    5 Stars A MORTGAGE LENDER LIVing UP TO ITS NAME 25/06/2001
    User recommends the product

    Advantages Advantages Flexible, cheap, helpful and efficient

    Disadvantages Disadvantages It wasn't around a year ago when I needed it then!

    Having just sold our current humble abode, and finally finding a house that we both liked, we now have the job of sorting out a suitable mortgage. We have decided that we were going to move our current mortgage, despite quite high redemption penalties as there are some excellent deals on the market at the moment, and a lot better then just over a year ago when we bought our first house. Back then we were quite limited as to what sort of mortgage we could get, as we needed a 100% loan, and there are not many lending companies that offer great deals when giving you the entire amount for the ... more
  • 27 of 27 Ciao users found the following review helpful
    Picture of Manics

    Manics

    5 Stars An Intelligent Choice 10/11/2001
    User recommends the product

    Advantages Advantages Attractive rates, no tie-in period. Smart mortgage.

    Disadvantages Disadvantages The discounted rate is only 6 months - some lenders discount for longer

    I recently purchased a house and wanted a good deal on my mortgage. I wanted everything - a discounted rate, cashback and also no tie-in period. The tie-in period was very important to me as I had to leave my previous mortgage lender (the Leeds & Holbeck) and they charged me over £3000 to do this because I was still within my 5 year tie-in period. I could have stayed with the Leeds & Holbeck to avoid paying this huge fee but Leeds & Holbeck would not lend me the extra money (I needed £120,000) for my new house. I decided to go to Intelligent Finance and I was very pleased to hear that they ... more
  • 23 of 23 Ciao users found the following review helpful
    Picture of floater

    floater

    5 Stars Intelligent people who gave me Finance 30/10/2001
    User recommends the product

    Advantages Advantages Competitive, Backed by Halifax, Excellent service

    Disadvantages Disadvantages early days

    I went to see a mortgage lender who was supposed to represent most of the lenders on the market. I was offered a ridiculously low borrowing amount and hastily started looking elsewhere. I looked on the net and quickly found that I could easily get £5000 more than was offered earlier. I 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 ... more
  • 19 of 20 Ciao users found the following review helpful
    Picture of one47

    one47

    5 Stars IF MORTGAGED to the hilt... UPDATED 12/06/2001
    User recommends the product

    Advantages Advantages Easy to apply for. Can save the right person LOTS of money.

    Disadvantages Disadvantages Changing accounts is always a bore!

    Over the last 9 years as a homeowner I've held mortgages with 3 companies, the 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 I spent 60 minutes with my financial adviser, who answered all my ... more
  • 11 of 11 Ciao users found the following review helpful
    Picture of stevehem

    stevehem

    2 Stars Intelligent?? Finance 14/07/2006
    User doesn't recommend the product

    Advantages Advantages Competitive borrowing rates

    Disadvantages Disadvantages Woeful call centre expertise and supporting systems

    I decided to move to an offset mortgage because I needed something akin to a large overdraft facility. I had a look at Virgin One, but their lending rates were very expensive compared to IF. Some bright spark in marketing had the idea of calling the accounts jars. To make any practical use of the offset facility you more or less have to have a current account "jar", with a normal sort code and account number. The other jars are like ordinary bank accounts but lack these attributes which are vital for actually interacting with the rest of the banking system. There is a big problem about having ... more
  • 7 of 7 Ciao users found the following review helpful
    Picture of tameboy

    Level 1 tameboy

    Member since 12/06/2005

    Reviews written: 4

    2 Stars Offset Mortgage Saves, but Poor Customer Service 17/10/2006
    User doesn't recommend the product

    Advantages Advantages Online service makes managing your money easy and offset mortgages can make significant savings

    Disadvantages Disadvantages Cumbersome online facility, drawn out and error prone application procedures and poor customer service

    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 sending documentation and achieving any progress. The online banking was very difficult to get up and running in contrast to other online accounts ... more
  • 28 of 29 Ciao users found the following review helpful
    Picture of eduardob

    eduardob

    5 Stars Intelligent Finance for Dummies. 02/03/2004
    User recommends the product

    Advantages Advantages Quick, simple, from the comfort of your own home.

    Disadvantages Disadvantages None.

    We bought our present home 4 years ago and like many people in the same position, we now have a house that is worth more than we could afford today. Of course, this means we can't afford to move to anywhere bigger. So of course it would be nice to free up some of that equity, without changing my monthly payments and for no more than an hour or so of my own time. And 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 ... more
  • 12 of 12 Ciao users found the following review helpful
    Picture of ffberryb77

    ffberryb77

    2 Stars No intellegence, too much finance 11/01/2005
    User doesn't recommend the product

    Advantages Advantages Only as a last option

    Disadvantages Disadvantages Unintellegance, and confusing.

    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 one was Intellegent Finance. Hooray, we thought - a decent company... Shortly after, we were discussing our personal affairs with them about money ... more
  • 4 of 10 Ciao users found the following review helpful
    Picture of bounty

    bounty

    5 Stars Excellent service 17/03/2001
    User recommends the product

    Advantages Advantages savings on Interest payments

    Disadvantages Disadvantages Paperwork does take a little time to come through

    I recently 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 excellent concept a taster of the things to come from the banking industry. ... more
Previous page Next page Page 1 of 2 | 1 to 10 out of 16 Review(s)