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Changing NatWest repayment to interest-only during fixed term
Also turns out that NatWest accept downsizing and sale of the primary residence as an acceptable repayment policy - which is significantly easy for their processing than evidencing our original plan of using the tax free lump sum from our SIPP
Turns out that NatWest have the same approach as Halifax - you can change to IO (assuming you meet the criteria) and remain on your current fixed rate. Seems like a no-brainer.
I'm waiting to find out how painful the process to apply will be ;-)
Hello, I am looking at doing something similar to you soon, would you be able to give a bit more detail on the process, what you were asked, etc?
