What is a ‘repayment’ mortgage type? Repayment is the most common type of mortgage. The payments you make every month gradually pay off the original amount you borrowed (the capital), as well a... What is an ‘interest only’ mortgage type? An interest only mortgage means the money you pay to your mortgage provider each month is only paying off the interest being charged on the amount you borro... What is a ‘part interest and part mortgage’ type? Part and part mortgages are a combination of both repayment mortgages, and interest only mortgages. This means you pay off some of the amount you borrowed, ... What is a joint mortgage? A joint mortgage is when you apply to borrow money to buy a home with someone else. This could be with your partner, a friend or a relative. Everyone who ap... How could a poor credit score impact a joint mortgage application? Your credit report contains your individual financial information. However, it will also show the name of anyone you have a financial relationship with. If ... What is a ‘financial relationship’ ? A personal connection with someone either because you’re married, living together, or having the same surname does not link your credit reports or affect yo... How can you remove a financial relationship with your partner? If you’re no longer financially connected to a partner, you can contact the credit referencing agencies and ask for a ‘financial disassociation’ to be creat... I have been given alternative lending options by NatWest, what does this mean? NatWest may suggest adjusted borrowing terms, or loan amounts if the original requested Mortgage in Principle cannot be approved under standard criteria. How can I progress my mortgage application with NatWest? Once your Mortgage in Principle is approved, you can move forward with a full mortgage application directly with NatWest, where further financial and prope... I have been given the option to speak to a mortgage broker, what does this mean? If NatWest cannot support your application directly, you may be offered the option to speak with a mortgage broker who can explore options from other lenders.