Mortgages

IGroup

HouseMortgage Providers

IGroup offers specialist mortgages and remortgages to customers refused a standard mortgage and is part of the GE Money corporation who have over 118 million customers worldwide and who is owned by General Electric Company USA (GE) one of the worlds largest companies.

It is one of the UK's leading providers of bad credit mortgages and accounts for 80% of their business with all mortgages marketed as GEM mortgages and the remaining 20% is accounted for by secured loans marketed as Xpress loans.

It was established in 1999 and renamed in April 2000 and it was acquired by GE Consumer Finance in June 2001 and they now operate from the Midlands with 600 staff.

They currently offer two main products:
Mortgages (for house purchase or remortgaging);
Secured loans (for releasing equity).

In addition, they offer a range of mortgage-related insurance products including Mortgage Payment Protection Insurance and Buildings Insurance.

Igroup links its mortgage and secured loan products to Barclays Base rate which in turn is linked to the Bank of England base rate. At present the IGroup is the only specialist lender to do this.

Contact Details

Address: Malvern House; Croxley Business Park; Watford; Hertfordshire; WD18 8YF
Telephone: 01923 426 426
Website: www.igrp.co.uk

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