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Remortgage, Natwest or Bank Of Scotland?
492800
Posts: 192 Forumite
Hi all,
I think I have the option of two places for a remortgage.
Natwest or Bank Of Scotland
both seem to offer identical products
5 year fixed, 2.23%, same fees etc
Does anyone have a preference over the two? Is there anything I should find out that could make them distinguishable.
Any thoughts appreciated,
Thanks
I think I have the option of two places for a remortgage.
Natwest or Bank Of Scotland
both seem to offer identical products
5 year fixed, 2.23%, same fees etc
Does anyone have a preference over the two? Is there anything I should find out that could make them distinguishable.
Any thoughts appreciated,
Thanks
--- Hitting the thanks button as often as is needed ---
0
Comments
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It's actually the Royal Bank of Scotland. Bank of Scotland is a different entity.
NatWest and RBS are essentially the same bank with 2 different brandings.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
I used to work for RBS, you would be surprised at how different branch staff are in the 2 banks. RBS were generally a lot nicer then Natwest staff.
When it comes to the mortgage though, I think it is the same people that look at the applications so will not make any difference.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Great. thanks for the replies..--- Hitting the thanks button as often as is needed ---0
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I've had a really bad experience with natwest. I've banked with them for 22 years, come to remorgage with them. Rate was really attractive, all paperwork submitted, no probs, I was approved and now they've undervalued my house by 20K and my repayments have gone up. Go for the RBS. I'm stuck with no money trying to fight for a realistic valuation of my house!0
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Same lender, same surveyors.I've had a really bad experience with natwest. I've banked with them for 22 years, come to remorgage with them. Rate was really attractive, all paperwork submitted, no probs, I was approved and now they've undervalued my house by 20K and my repayments have gone up. Go for the RBS. I'm stuck with no money trying to fight for a realistic valuation of my house!
Nothing different would have happened with RBS.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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