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Natwest mortgage holiday
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valleyboy22
Posts: 419 Forumite


Hi,
All good with my Natwest mortgage holiday, but i was wondering if anyone can give me an additional advice please?
Our fixed 5 year first mortgage ends with them in December, but the have not said if this holiday break will extend it by 3 months? We are hoping to get a new lower rate and payment options come then?
Thanks
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Comments
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I don't know about Natwest but my mortgage provider I can apply with them for a new deal when I have 4 months left on existing deal, maybe Natwest do the same? I don't know how the payment holiday will affect your deal, I'm sure they will tell you nearer the time your deal ends.1
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Ahh right thanks. I would like to think it will not stop us from looking for a deal come near time. I have responded to the email to ask this, because they did not put any details like this on there.
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I wouldn't think it would have any impact on applying for a new deal when that time comes, not so sure about them extending your existing deal though, the maths don't add up for me. The bigger problem for most I believe is that whilst a payment holiday will be most welcome for those that get it, interest is still being charged, there's probably no avoiding this whatever we do.1
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valleyboy22 said:Hi,All good with my Natwest mortgage holiday, but i was wondering if anyone can give me an additional advice please?Our fixed 5 year first mortgage ends with them in December, but the have not said if this holiday break will extend it by 3 months? We are hoping to get a new lower rate and payment options come then?Thanks
Hope this helps.1 -
Brilliant thanks. We Pay £475 at the moment on a small mortgage, so this is why we are hoping the payments will reduce when its over.
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