...this is for info only guys!
Scottish Widows currently (as of 10.02.04) offer a base-rate tracker mortage at 3.75% for the first six months, reverting to 5.25% variable thereafter.
Now, you might not think that's so amazing. What stands out, though, is that there is NO high MIG (the fee ... Read review
Advantages: No tie ins, no high MIG, low rate Disadvantages: only for graduates
...only guys!
Scottish Widows currently (as of 10.02.04) offer a base-rate tracker mortage at 3.75% for the first six months, reverting to 5.25% variable thereafter.
Now, you might not think that's so amazing. What stands out, though, is that there is NO high MIG (the fee you often get charged for a 100% mortagage), and there are absolutely no early redemption fees. So, if you don't like the mortgage and want to change ... ...get a replacement - just ring your uni and ask for the exams dept, it'll cost you between 20-36GBP for a replacement certificate.
Hope this helps, it's definitely worth a look, and the Scottish Widows customer service folks are pretty helpful if you want more detailed info. ... more
Just a short review, because I don't want to be resposible for someone taking on a mortgage they don't want...this is for info only guys!
Scottish Widows currently (as of 10.02.04) offer a base-rate tracker mortage at 3.75% for the first six months, reverting to 5.25% variable thereafter.
Now, you might not think that's so amazing. What stands out, though, is that there is NO high MIG (the fee you often get charged for a 100% mortagage), and there are absolutely no early redemption fees. So, if you don't like the mortgage and want to change in six months, it won't cost you a penny. Also, they are refunding #150 of your legal fees, and the valuation is also free.
On top of this, you can borrow up to 102% - handy for stamp duty, surveys etc.
Down side: only available for graduates who left uni with a recognised degree within the last seven years. And yes, you do need your degree certificate to show them! I had lost mine, and had to get a replacement - just ring your uni and ask for the exams dept, it'll cost you between 20-36GBP for a replacement certificate.
Hope this helps, it's definitely worth a look, and the Scottish Widows customer service folks are pretty helpful if you want more detailed info.
