how can i use savings to fund a mortgage

bigfreddiel

I guess I shoud just ask the Nationwide but its sunday so here goes

I have £84k in Nationwide's FRISA, how an i use this to obtain a mortgage without withdrawing the capital - in other words do Nationwide do offset mortgages?

cheers

fj

Yorkie1

I'd have thought a quick look at the website would show whether NW do offset mortgages?

bigfreddiel

Yorkie1 wrote: »

I'd have thought a quick look at the website would show whether NW do offset mortgages?

Not really - loads of bumf but not much meat as it were

thanks anyway

fj

maninthestreet

Assuming that is all your savings, you will need to withdraw some of it for a deposit.

CLAPTON

No nationwide don't do offset mortgages

getmore4less

bigfreddiel wrote: »

Not really - loads of bumf but not much meat as it were

thanks anyway

fj

http://www.nationwide.co.uk/mortgages/interestrates-types/rates.htm

Seems to tell you what you need to know.
A list/links of mortgage types and rates on one page.