Mortgage wars: banks battle for mortgage customers as property upturn takes hold

Lenders are cutting rates, offering sweeteners to brokers to funnel business to them, and giving borrowers incentives such as paying for home valuations in a bid to win a bigger slice of the lucrative mortgage market. The stepping up of mortgage lending is prompted by demand from new buyers and some of the higest profit … Continue reading Mortgage wars: banks battle for mortgage customers as property upturn takes hold