economy






 

Question by  deepak123 (17)

Is National Building Society the best place in the U.K. to apply for a mortgage?

It's my first time.

 
+6

Answer by  Ann89 (613)

Yes, you may find the interest rates are more competitive and there are different loans to choose from. Building Societies tend to offer finance for purchasing a house.

 
+6

Answer by  Ann89 (613)

The interest rates are normally lower and will lend to a vast number of people in different avenues of employment.

 
+6

Answer by  Rosscat1970 (12)

I am not sure. National Building Societies are cooperatives. They may offer better lending conditions that major financial establishments. However, I have looked into the list of major building societies in the UK and I didn't find any company called "National Building Society". I would be careful and look at different providers of mortgages.

 
+5

Answer by  retiredandhappy (64)

Different lenders have different criteria so get a number of mortgage quotes through a broker and through your bank or building society. Compare rates and upfront costs before buying.

 
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