Household Mortgage Corporation is reacting to Government proposals to improve the house buying process by launching a re mortgage service which promises to deliver funds for customers within ten days.
The SureMove scheme is being launched in Somerset in association with First American Title Insurance.
The service will be introduced nation-wide in 1999.
HMC sales director Ron Howell says: "We warmly welcome the announcement by the Government last week on its consultation paper. Any improvement of service levels that mortgage companies offer their customers can only be good news."