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NatWest Porting Mortgage

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  If you want to buy a new home with the same current mortgage benefits, terms and conditions at that time, you can port your mortgage to a new property. In NatWest Porting Mortgage , you are able to adjust the terms of mortgages. Means you can increase or decrease loan terms, either existing or new funds. How Does Porting a Mortgage Work at NatWest First, confirm whether your mortgage is portable or not and if it is, then get your various mortgage options from a Broker or directly from NatWest. Some Products, like Green and shared equity products, are not portable. The process of an application is very simple in NatWest Porting Mortgage. Primarily checking the credit history, valuation of the mortgage and underwriting for additional loan. Collect the related documents needed. NatWest Porting Mortgage Advice and Payments: -The deal should close for the current mortgage property, but it should not be sold. -Additional loans on a new mortgage deal will depend on updated LTV. -At a ti...

Buying A New Build Home: A Step-By-Step Guide

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  Buying a new house is equal parts exciting and tedious. As a homebuyer, there is a range of different factors you need to take into consideration before, during, and after the purchase is made. If you are embarking on a new journey of buying your own house, here is a small home buying guide and the major steps involved in getting a new home to help you make the process smoother: Get a mortgage in principle If you are planning to get a mortgage for purchasing your new build property, it is important to start by getting a mortgage in principle . This is a statement from your mortgage lender about the estimated amount you are eligible to borrow from them before you finalize the purchase of a property. While a mortgage in principle is not a legal document and does not give a 100% confirmation about the mortgage you would receive, it gives you a kick-start and lets the developer or seller of a property know that you are serious about making the purchase. Mortgage in princip...

The difference between life insurance and life assurance

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  Life is uncertain and you never know what is coming your way. Meeting unexpected circumstances like accidents, natural calamities, and other unpleasant events may cause a financial shock to you and your family. Under such situations, investing in the right insurance policy provides financial cover to you and your family members. People around the world purchase different types of insurance policies based on their requirements. we can recommend Marianna Financial Services as an experienced insurance advisorin Harrow . People buy personal accident insurance to cover their expenses in the event of a meeting with an accident. They buy mortgage protection insurance to cover the repayments if the borrower defaults on payments or dies before the payments are made. However, life insurance is arguably the most common insurance opted for by policyholders. It is a common misconception that life insurance is the same as life assurance. However, that is certainly not the case. If you a...