I will be purchasing 50% of a 185K shared ownership home. I earn 26K, my partner 4K. We have a good credit rating. What mortgage should we go for?
I also get some child tax credits and child allowance. We have a 15% deposit for the £92500 share. We have looked at the Santander and the Nationwide 3 year fix deals both at 5.69%. Our mortgage advisor however suggests the Woolwich 6.19% 3 year fix. What should we go for?
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7 Answers
02 June 2010