Question by  deepak123 (17)

Is National Building Society the best place in the U.K. to apply for a mortgage?

It's my first time.


Answer by  Ann89 (613)

Yes, you may find the interest rates are more competitive and there are different loans to choose from. Building Societies tend to offer finance for purchasing a house.


Answer by  Ann89 (613)

The interest rates are normally lower and will lend to a vast number of people in different avenues of employment.


Answer by  Rosscat1970 (12)

I am not sure. National Building Societies are cooperatives. They may offer better lending conditions that major financial establishments. However, I have looked into the list of major building societies in the UK and I didn't find any company called "National Building Society". I would be careful and look at different providers of mortgages.


Answer by  retiredandhappy (64)

Different lenders have different criteria so get a number of mortgage quotes through a broker and through your bank or building society. Compare rates and upfront costs before buying.

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