Britannia

Choosing a mortgage

There are two levels of service that we can offer to help you select your mortgage with Britannia.

Advised Service: this is available through Britannia branches. We will advise and make a recommendation to you after we have assessed your needs.

Non-Advised service: this is available on our website, through Britannia Contact Centres and through Britannia branches. With the non-advised service, you will not receive advice or a recommendation from us. We may ask some questions to narrow down the selection of products that we will provide details on. You will then need to make your own choice about how to proceed.

We also comply with the European Code of Conduct. The code gives you important protection by defining:

how your mortgage should be arranged,
what information you should receive before you commit yourself,
how your mortgage should be dealt with once it's in place.

Other important information

To apply for a mortgage you must be aged 18 or over.

We strongly recommend that you review your life cover, critical illness and income protection arrangements. If you have a mortgage and/or repayment plan which continues beyond your intended retirement date, you must ensure you will be able to continue to meet your regular repayments after you retire. You must ensure that with Interest Only mortgages a means of repaying the loan at the end of the term will be arranged.

You must take out buildings insurance on your home - this doesn't have to be with us, but we do offer a range of attractive home insurance policies. We also strongly recommend that you review your life cover, critical illness and income protection arrangements.

Loans over £500,000 are available by arrangement only. A first mortgage will be required over the property. The mortgage rate is subject to variation. Early repayment charges may apply. All loans are subject to status and valuation.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Credit referencing

Information regarding you and your account may be disclosed or registered with any credit reference agencies or other appropriate organisations or institutions, including debt collection agencies. Any such information so disclosed or so registered will only be used in the making of current and future lending and credit granting decisions and in attempting to prevent fraud and to enable debtors or defaulters to be traced and pursued for any sums due to the Lender.

Insurance or credit reference agencies may keep details of any searches we make about you when we are making insurance or credit decisions. Other agency users may see these records to help them make credit decisions and assess insurance risks about you and members of your household.

Law applicable to Contract

If you take out an account or policy with Britannia, the Contract will be governed by English Law and any dispute will be subject to the exclusive jurisdiction of the courts of England and Wales. English Law will also govern any pre-contract relationship existing between us.

Your contract will be supplied in written English and we will always communicate with you in the English language.