Egg is quite a new mortgage company which came to the fore at the start of 2000 as the internet became commonplace in the UK.
Egg can provide a discount tracker mortgage which is also designed to be flexible with the aim of providing the best deal for its customers. Product has been designed by Egg to offer customers long-term value for money by offering low fees and reducing confusing tie-ins. They also hope to make starting or changing your mortgage easier by reducing and simplifying the number of complicated forms the often come with a mortgage.
With the discount tracker mortgage offered by Egg, there is no limit to the number of overpayments you can make and you can offset their main mortgage account with their savings. The customer can also chose how they want to make their repayments, whether that is interest only, repayment or mixed. The customer can then save their pennies because your interest rate is worked out on a daily basis.
The two-year fixed-rate mortgage offered by Egg is also available at competitive rates.
We recommend that the best way to find out if Egg (or any other mortgage/lender for that matter) is suitable for you is to consult an FSA-qualified mortgage adviser. By filling in our mortgage form you will obtain impartial mortgage advice and a quote, representative of the whole of market, with no strings attached.