NatWest mortgages are available to over 18s. Your house could be repossessed should you not carry on with repayments on your own home loan.
Credit scoring for a home loan
The same as once you remove an overdraft or make an application for a charge card, a home loan is a kind of credit if you want to borrow money to buy a property that you can apply for. Like other accountable loan providers, we work with a credit scoring system as soon as we assess the application.
You can find out about the ins-and-outs of credit scoring with your credit scoring guide. The crucial thing to notice is we know you can afford the repayments that you have to have both a high enough credit score and also meet our other requirements, such as monthly income, so. (more…)