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Average Ratings
Value for Money2.6/10
Overall rating3.1/10
38% Recommended3 out of 8 Reviews
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8- Preferred Mortgage Reviews

  • Full review by
    Guest.
    on 20th Apr 2008


    User Rating : 7
    Respect : 0

    Bad Points: I agree with other commentators about their telephone staff. They are not the friendliest. Last time

    General comments: Preferred Mortgage has been fair with us when we fell behind with payments recently. Gave us opportunity to pay without threats of repossession. They gave us a chance when no-one else would, so can't complain. Beggars can't be choosers!
    Guest.'s review and ratings
    | 55 words

  • Review by
    Guest.
    on 4th Apr 2008


    User Rating : 2
    Respect : 0

    Unfortunately if you have bad credit you have to go with some one like Preferred Mortgage in the interim. I have to say they are the worst mortgage company I EVER come across!!!!!!! Over extortionate rates I was tied in for 3 years but only had a 1 year fixed rate in which time my mortgage went up nearly £500...yes £500 pounds a month. I managed to find a property I liked 3 months before my tie in period was over and had to pay 15,000+ to get out of their tie in. Did not care thoug ...
    Guest.'s full review
    | 170 words

  • Review by
    Damien7
    on 29th Mar 2008


    User Rating : 1
    Respect : 0

    Preferred are without doubt one of the worst Companies I have ever had the misfortune to deal with. They gave my mother a mortgage at an extortionate interest rate. They were charging her the incorrect amount from the start of the deal and last year they added a substantial sum to the mortgage which she never asked for, it didn't show up on statements, they didn't tell her they were doing it and all the time she has been paying interest on a much much larger figure. She asked to be be moved to a ...
    Damien7's full review
    | 169 words

  • Review by
    Guest.
    on 10th Mar 2008


    User Rating : 5
    Respect : 0

    They got me a mortgage when no one else would touch me .....i went with a fixed rate for two years ,to get out of there mortgage before 2 years was absolutely extortionate ( '£10000),BUT HEY THAT'S WHAT YOU HAVE TO DO IF YOU HAVE BAD CREDIT HEY !!!!!!!
    Guest.'s full review
    | 46 words

  • Review by
    peevedoff Rank: Lance Corporal
    on 9th Feb 2008


    User Rating : 0
    Respect : 0

    In 10 months Preferred Mortgage have made mistakes with 9 payments! Every month we spend an hour or so on the phone to them having to tell them what they need to do! Seem to have no idea what they're doing and making our life a nightmare.
    peevedoff's full review
    | 53 words

  • Review by
    Kate04
    on 20th Nov 2007


    User Rating : 0
    Respect : 0

    7 Months down the line, My mortgage is still not complete!! They originally arranged the mortgage for the wrong amount and then after waiting three months for a re-written offer advised that the interest rate would now be higher! After going back to the original offer, they keep asking for info from the solicitor which after the solicitor sending through to them over and over again they still say they havn't received it. The mortgage advisor's in their office havn't a clue what is going on, t ...
    Kate04's full review
    | 126 words

  • Review by
    peevedoff Rank: Lance Corporal
    on 30th Aug 2007


    User Rating : 0
    Respect : 0

    Maybe okay if you're desperate otherwise avoid! After only 3 months Preferred Mortgage have managed to make mistakes with my payments for 2 of those months
    peevedoff's full review
    | 45 words

  • Review by
    dbarratt Rank: Corporal
    on 20th Aug 2007


    User Rating : 10
    Respect : 0

    Very good company to deal with. Friendly & informative staff who have great knowledge of the products they offer.
    dbarratt's full review
    | 21 words


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