We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Advice on Yorkshire Building Society & Scottish Widows Bank

rspeter
rspeter Posts: 2 Newbie
edited 30 June 2011 at 2:26PM in Mortgages & endowments
Hi all,
I am currently with Natwest (savings and mortgage). The initial term on my current (fixed) mortgage is coming to an end in August. I would like to move to an offset mortgage

I have found three banks/BS that offer fixed rate offfsets that are quite appealing:
  1. Scottish Widows Bank - 3.09% - my real cost per moth = 720.42
  2. First Direct - 3.89 - My real cost per month = 730 (I wasnt able to find any initial charges so this may not be very accurate)
  3. Yorkshire Building Soceity - 3.09 my real cost per month = 711.92

But I don't know much/anything about Scottish Widows Bank or Yorkshire Building Society and I am looking for feedback.

Thanks in advance!
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.2K Work, Benefits & Business
  • 603.9K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture