Module 5 : Retail Banking Housing Loans and Mortgage Services

Objectives Unsecured and secured loans, housing loans Mortgage Services; fixed and variable rates Capped, discounted, offset mortgages, mortgage fees Tracker, cashback, and LTV rates Home equity debt, home improvement loans, and HELOC 5.1 Introduction In the UK, retail banks consolidated their branches and integrated their operations during the last quarter of the 19th century. The branches of banks gradually increased in number, but the financial services offered ...