Nationwide Save to Buy Mortgage

gyunyu

Hi there,

I am in the process of saving to buy a house and have been part of this scheme for about 5 months now. I was wondering if anyone else was saving through this scheme or had applied for a mortgage through this scheme as yet - and if so what were the interest rates offered? (my branch still has no idea of the rates).

Thanks!

BoracicLint

gyunyu wrote: »

Hi there,

I am in the process of saving to buy a house and have been part of this scheme for about 5 months now. I was wondering if anyone else was saving through this scheme or had applied for a mortgage through this scheme as yet - and if so what were the interest rates offered? (my branch still has no idea of the rates).

Thanks!

I applied for the Save to Buy mortgage at the end of August after saving with them for a year. I am currently a few weeks away from exchange of contracts. I found the advice from my branch to be excellent, although I had spent several months doing my own research and seen a broker beforehand to make sure this was the right choice for me.

The rates are published on the website, but mine is a 4 year fix at 5.74% (based on 95% LTV).