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Any alternatives besides Northern Rock?

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Comments

  • kingkano
    kingkano Posts: 1,977 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    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 :D
  • MarkyMarkD
    MarkyMarkD Posts: 9,912 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Starting to sound like a good option for you. :)
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