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Tuesday Dec 03, 2013

'Banks should give better mortgage deals to long-standing clients'

Loyal clients should be rewarded with better mortgage deals and interest rates says Bill Rawson of the Rawson Property Group.

'There are a great many people who become bonded with their banks and entrust almost every financial activity in which they are involved to their banks.'
'Surely such clients deserve above average treatment, especially when it comes to bond mortgages. This type of loyalty should, I believe, automatically qualify them for a rate of 0,5% to 1% lower than standard bank mortgage loans and their application process should also be simplified.'
At the moment, said Rawson, it does appear that the various different sections of banks are completely unaware of the clients' involvement with other departments, but 'streamlined bouquets' of the type he is suggesting would not be that difficult to set up.

'With the aid of a computer program, these can be introduced and applied automatically when certain prescribed levels or conditions are met - and from the estate agent's point of view they would be very welcome because they could help people to invest in property quicker and easier than is now the case.'

Rawson Property Press Release


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