It is the latest lender to offer sweeteners in an attempt to persuade
borrowers to remortgage elsewhere. Mortgage Express, the specialist lending
arm of Bradford & Bingley, also offered to waive fees, while banks such
as GMAC have been even more generous, offering
to pay off a portion of the loan
.

Under a pilot scheme, Bristol & West has written to 1,400 borrowers with
this offer. It has asked London & Country, the mortgage broker, to take
these customers through their options.

The …

Read the original article at Telegraph

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