Mortgages with NR - really unsure

papermoney

(we're not moving just re mortgaging with a different company)

We're been offered a mortgage in principle (not sure if that means anything anymore) but it is with my previous mortgage company (when I lived with my ex) Northern Rock. Im a bit unsure TBH, have their reputation improved?

I'm really unsure what to do. Mr Papermoney thinks we should look elsewhere but this was through a mortgage broker who covers the whole marlet - so I assume they've done the leg work and this is the best for us.

(I know no one can help as such I just need to off load elsewhere as Mr Papermoney has heard me enough today).

_Andy_

Reputation in what sense? Remember you're borrowing money from them rather than entrusting your savings with them!

Wutang_2

Who is Mr Papermoney?

papermoney

I'm not sure TBH, I may be (naively) reading too much on the internet and have heard horror stories. Although TBF, these are from people who have lost their homes due to repo.

I did have a mortgage with them and im still paying them back a monthly amount to pay the shortfall from the NE when I sold the property. That was my fault for taking out a 100% mortgage and then the housing market going **** up just after I put it on the market. I don't blame NR for this obviously, it's just they weren't particularly helpful when I first asked about my options. Admittedly now if I have any queries the department I speak to are helpful and do ring me back if they say they are going to.

papermoney

Wutang wrote: »

Who is Mr Papermoney?

Sorry Mr Papermoney is my partner (Im use to refering him to as Mr... on the internet) sorry for the confusion.