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Firms link to offer loan centre on net

Online personal financial services website Interactive Inv-estor is setting up a mortgage centre in partnership with independent mortgage IFA Charcol.

The centre at www.iii.co.UK/mortgages/ will provide Interactive Investor&#39s 1.2 million registered account users with a quote service, extensive decision support, the facility to buy mortgages online and educational material.

The service is targeting anyone wanting a mortgage or who is considering remortgaging.

Customers can compare quotes from over 500 products provided by more than 45 UK mortgage lenders and the centre claims to have more than 35 exclusive deals negotiated direct with lenders.

If a customer buys online, there are no broker fees, a no obligation quote facility and a free telephone support line.

Other features on the website include mortgage calculators, guides and checklists to let customers calculate the total buying cost, deposit, repayment figures and monthly outgoings for a new home.

Interactive Investor consumer editor Sarah Modlock says: “This really takes the hassle out of finding a mortgage. It comes at a time when the forthcoming benefits of mortgage regulation may be snowed under by the extra information heaped onto housebuyers. What better way to decipher and manage the mass of information than online?

“By partnering with Charcol, we are confident that our new centre provides mortgage buyers with all they need to buy with confidence and ease.”

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