We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Largest Mortgage Lenders in 2010
duckyfuzz
Posts: 10 Forumite
Anyone any idea who the top 3 mortgage providers in the UK in 2010 would be in terms of most mortgages sold? Who are the really big players in the market?
0
Comments
-
I imagine First Direct (HSBC) are up there due to the amount of advertising they have done and their competitive rates - but will see if I can find any info for you.Feb 2012 - onwards MF achieved
September 2016 - Back into clearing a mortgage - Was due to be paid off in 32 years in March 2047 -
April 2018 down to 28.00 months vs 30.04 months at normal payment.
Predicted mortgage clearing 03/2047 - now looking at 02/2045
Aims: 1) To pay off mortgage within 20 years - 20370 -
Lloyds/TSB ??"You were only supposed to blow the bl**dy doors off!!"0
-
Article produced Sept 2010, using 2009 figures... http://www.ft.com/cms/s/2/3a5881bc-bbf6-11df-a972-00144feab49a.html#axzz1ALWUnjLk
Lloyds, Santander, Nationwide, RBS, Barclays, HSBC were the top 6, taking 92% of market share.
Its too early for 2010 figures to be collated I suspect, but as the market hasn't changed much during that time, its probably a similar list.Act in haste, repent at leisure.
dunstonh wrote:Its a serious financial transaction and one of the biggest things you will ever buy. So, stop treating it like buying an ipod.0 -
Thanks guys. I found the report that that FT article references if anyone is interested: cml.org.uk/cml/publications/newsandviews/73/263
It wasn't released untill September 2010 so I'm not expecting the 2010 report any tine soon.
Edit: Sorry I would have posted a better link but I'm too now so I'm not allowed.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards