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ING enters mortgage market with direct offering

ING Direct has entered the mortgage market this week with a fixed rate and a flexible rate offering.

The products are not yet available through intermediaries but ING has begun consulting about how best to work with brokers in future.

ING chief executive Lindsay Sinclair says: “Research among our one million customers revealed that they want mortgages without hidden charges or fees. Our mortgages will answer this call and initially our focus will be on satisfying demand from our own customers.

“However, we are well aware of the great success ING Direct has had in other countries working with intermediaries and we are investigating the best way to work with this channel before taking this next logical step.”


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