Hitting the remortgage wall

Professional Adviser
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The onslaught of the mortgage wars took a new turn recently when Standard Life Bank and several mort...

The onslaught of the mortgage wars took a new turn recently when Standard Life Bank and several mortgage providers announced they would no longer accept remortgage business. Alix Rowland at Standard Life, explains why product providers are shying away from potential business and backing out of the mortgage rate battles. 2001 has been the year that media coverage of the mortgage business has come out of the ghetto on to the front pages of the nation's tabloids. We are living in the age of 'MORTGAGE WARS'; great for the PR man but confusing to the customers all of us in the mortgage ind...

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