Mortgage brokers rate best UK mortgage lenders


Accord Mortgages has come out on top as the highest-rated building society in the Mortgage Lender Benchmark survey carried out by Smart Money People with mortgage brokers.

The six-monthly survey of mortgage brokers asked them to rate the service of 44 banks, building societies, specialist and lifetime lenders, and to rate the last five lenders they worked with.

While the brokers rated Halifax as the best bank lender and Accord as the best building society lender, M&S Bank and Kent Reliance were rated as the poorest. Best lifetime mortgage lender was More 2 Life, and alongside rival Pure Retirement, they were the highest rated across all lenders. Fleet Mortgages was the top rated specialist lender.

Halifax has been rated best bank lender in the last three broker surveys due to the ease and speed of processing applications through to offer. Barclays scored highly for its rates and criteria, but the mortgage processing systems and underwriting were rated unsatisfactory.

The survey revealed the top three mortgage lenders in each category, according to brokers as:

Banking lenders

  1. Halifax
  2. NatWest
  3. BM Solutions

Building societies

  1. Accord Mortgages
  2. Coventry Building Society
  3. Nationwide Building Society

Specialist lenders

  1. Fleet Mortgages
  2. Bluestone
  3. Pepper Money

Lifetime lenders

  1. more 2 life
  2. L&G
  3. Pure Retirement

Overall, building societies outperformed every other type of lender. For borrowers choosing to work with a mortgage broker, the survey provides a good insight into brokers’ lender preferences and potential ease of applications.

Highgrove Mews

High Net Yield Freehold Houses

  • Commutable to London (27 mins to central Paddington station)
  • Rental demand extremely strong with large industry presence in Reading
  • Freehold with 4% net yield

£284,955 - £457,000

St Petersgate – Stockport Manchester

New Launch - Stockport Manchester, apartments from £160,000

  • Discounted launch prices from £160,000
  • Excellent transport links with 3 trains per hour to London Euston and only 9 mins journey to Manchester Piccadilly
  • Experienced development team

Assured Rent Housing Association Leases

Assured Rent Housing Association Leases

  • Assured rent & no rental voids
  • Tenant damage cover & newly refurbished inline with requirements of a corporate sitting tenant
  • Free property and lettings management

From £62,000

Emerging Birmingham Commuter Town With Properties From Just £104,000

The emerging Birmingham commuter town where properties are selling in an average of just 24 days

  • A collection of 62 two bedroom apartments and 28 one bedroom apartments.
  • DE14 is one of the fastest selling postcodes in the West Midlands.
  • 23 minute train journey into Birmingham New Street Station.

Properties from £104,000

Mill, Stockport

The Northwest's emerging property hotspot

  • Discounted off-plan 2-bed prices from £162,000
  • Completion date - Q4 2021
  • Rental yields - 6% plus

Discounted off-plan 2-bed prices from £162,000

South Central – Birmingham City Centre Apartments

Highly anticipated 28 storey launch in Birmingham City Centre with an impressive roof garden and communal facilities.

  • 154 units across 28 storeys
  • Residential multi-media community room, gym, roof garden and sky cinema
  • Excellent future connectivity via the metro system to other key transport hubs and locations around the city

from £205,800


Talk to us

Speak to our UK property experts today: 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

+852 9865 4446

Open from 9am-6pm HKT

Stamp Duty Calculator


Unlock members only investment opportunities and full development details. Join now – it’s free, quick and easy.


Not a member? Sign up for free

Winner medal competition

Mortgage brokers rate best UK mortgage lenders


By submitting your details via this online form you agree to be contacted via email/phone/SMS by Direct Marketplace Ltd t/a BuyAssociation in relation to property investment and property developments . We do not share your personal details with third parties.  To view our full Privacy Policy click here.