Any alternatives besides Northern Rock?

kingkano

Yes exactly - loss of earnings. 1 of us will probably take a year or 2 out of work to care for a baby. The 15k is basically to give us this option, but also as a rainy day fund even if we dont go there. What we didnt want to do was put EVERYTHING into the house, then have no options in the future because we've stretched for it

Their terms state you can overpay, underpay, borrow back at original rate, take payment holidays (1mth a year, can save upto 3 holidays, or can even ask for a 6mth holiday for special occassions).

I just need to check into the actualities of the borrow back and stuff.

Thanks for the reply

MarkyMarkD

Starting to sound like a good option for you.