Research and Markets: UK Mortgages 2010 - Mortgage Innovation: with the Worst of the Credit Crunch behind Them, UK Lenders

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/64a765/uk_mortgages_2010) has announced the addition of the "UK Mortgages 2010: Mortgage Innovation" report to their offering.

With the worst of the credit crunch behind them, UK lenders can start shifting their focus to product innovation, looking abroad for inspiration. This brief looks at overseas mortgage innovations, and discusses their applicability to the UK market.

Scope

• Provides examples of mortgage innovations from around the world.
• Discusses the suitability and relevance of similar innovations to the UK market.
• Assesses how providers are responding to the differing needs of specific market segments.

Highlights of this title

Standard Chartered in Hong Kong and Malaysia makes it easier for first-time buyers to step onto the housing ladder by allowing third parties, such as parents, to offset their savings against borrowers' mortgages.

Several overseas lenders offer hybrid mortgages where part of the loan is on a fixed rate, and the remainder on a variable rate. These products allow borrowers to benefit from falling rates, while at the same time enjoy a degree of security.

Ulster Bank promotes a scheme where consumers who take out one of their mortgages to buy a home from a list of specified developments will receive up to a 15% refund on the purchase price, should the value of the property have declined over the first five years of ownership.

Key reasons to purchase this title

• Keep up-to-date with the latest product developments in mortgage lending.
• Gain an insight into how innovations in the mortgage market abroad might work in the UK.
• Understand where there are gaps in the market that can be exploited.

Key Topics Covered:

CATALYST

SUMMARY

ANALYSIS

For more information visit http://www.researchandmarkets.com/research/64a765/uk_mortgages_2010

Source: Datamonitor

CONTACT:

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

KEYWORDS:   United Kingdom  Europe

INDUSTRY KEYWORDS:   Professional Services  Banking  Finance

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