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Northern Rock Mortgages

Not many banks are notorious, but one of them is suddenly Northern Rock.

There were iconic and lasting images of a run on the bank with customers queueing to withdraw their money the like of which had not been seen for a long time.

Therefore it's best known as the first bank for 150 years to suffer a bank run. The bank was taken into public ownership in 2008.

It was originally founded in 1965 and was a building society until the bank formed in 1997.

Their website has a range of different mortgages products, and first tries to find out your scenario from:

Buying your first home
Remortgaging your home
Moving home
Buying a property to let
An existing Northern Rock mortgage customer

There are also various mortgage tools such as working out how much you can borrow, a budget planner, an overpayment calculator and also a useful jargon buster.

In terms of why you should choose Northern Rock, their website says that they will help you to find their best mortgage for your needs and to ensure that everything runs as smoothly as possible from beginning to end.

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