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Community Level 7Connoisseu...

Connoisseur_Haggler1

DESIGN your Mortgage INTELLIGENTLY.... Diamond review

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

Disadvantageslacks 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

"...required, thanks] 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 ..." Read review
30.12.2002

Ciao members have rated this review on average: very helpful

Community Level 3nicci13

nicci13

A MORTGAGE LENDER LIVing UP TO ITS NAME

AdvantagesFlexible, cheap, helpful and efficient

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

"...to another 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 ..." Read review
25.06.2001

Ciao members have rated this review on average: very helpful

Community Level 4Manics

Manics

An Intelligent Choice

AdvantagesAttractive rates, no tie-in period. Smart mortgage.

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

"...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 ..." Read review
10.11.2001

Ciao members have rated this review on average: very helpful

Community Level 3floater

floater

Intelligent people who gave me Finance

AdvantagesCompetitive, Backed by Halifax, Excellent service

Disadvantagesearly days

"...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, ..." Read review
30.10.2001

Ciao members have rated this review on average: very helpful

Community Level 4one47

one47

IF MORTGAGED to the hilt... UPDATED

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

DisadvantagesChanging accounts is always a bore!

"...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 ..." Read review
12.06.2001

Ciao members have rated this review on average: very helpful

Community Level 1stevehem

stevehem

Intelligent?? Finance

AdvantagesCompetitive borrowing rates

DisadvantagesWoeful call centre expertise and supporting systems

"...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 ..." Read review
14.07.2006

Ciao members have rated this review on average: very helpful

Offset Mortgage Saves, but Poor Customer Service

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

DisadvantagesCumbersome 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 ..." Read review
17.10.2006

Ciao members have rated this review on average: helpful

Community Level 2eduardob

eduardob

Intelligent Finance for Dummies.

AdvantagesQuick, simple, from the comfort of your own home.

DisadvantagesNone.

"...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 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 ..." Read review
02.03.2004

Ciao members have rated this review on average: helpful

Community Level 2ffberryb77

ffberryb77

No intellegence, too much finance

AdvantagesOnly as a last option

DisadvantagesUnintellegance, 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 ..." Read review
11.01.2005

Ciao members have rated this review on average: helpful

Community Level 2bounty

bounty

Excellent service

Advantagessavings on Interest payments

DisadvantagesPaperwork does take a little time to come through

"...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 ..." Read review
17.03.2001

Ciao members have rated this review on average: somewhat helpful

Community Level 1geezer38

geezer38

Finacially Intelligent or just argumentative?

AdvantagesGood Interest Rate

DisadvantagesInflexible, Somewhat Confrontational, Poor customer Service

"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 ..." Read review
05.04.2007

Ciao members have rated this review on average: somewhat helpful

Community Level 1mamacassa

mamacassa

Intelligent Finance -

AdvantagesFriendly service, quite low rate, offset, good if your self -employed

DisadvantagesVery stressful at the beginning of application but forgot about that now

"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 ..." Read review
04.04.2006

Ciao members have rated this review on average: somewhat helpful

Community Level 2markinbelv

markinbelv

Eggs in one basket, GREAT IDEA!!!!!!

Advantageseasy to use online service/flexible system

Disadvantages0845 number when you have to ring them

"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 ..." Read review
19.06.2004

Ciao members have rated this review on average: somewhat helpful

Community Level 1Arabs

Arabs

IF only I'd stayed with First Direct!

AdvantagesOffsetting can save you money

DisadvantagesTechnology rather backward

"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, ..." Read review
16.07.2003

Ciao members have rated this review on average: somewhat helpful

Community Level 1newey

newey

Make Your Savings Work Harder

AdvantagesFlexible, Off-setting of savings, very helpful and knowledgable over the phone

DisadvantagesNo branch network

"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. I ..." Read review
15.11.2005

Ciao members have rated this review on average: somewhat helpful



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