|Home » Royal Bank of Scotland » Mortgage|
RBS was awarded “Best First time buyer mortgages' 2010-11” award in the year 2011 for the quality of financial assistance it offers to those who are buying home for the first time. The bank offers a great range of mortgages with expert advice and award-winning services. In 2010, NatWest and RBS announced a new pledge under which they will provide real help to residential mortgage customers facing financial difficulty. Home mortgage service provides financial aid to those seeking to have own home. RBS mortgages help home seekers to fulfill their dream by providing them with funds. Mortgage service can be enjoyed by those individuals who are:
- First time buyers
- Home movers
- Existing RBS mortgage customers
- Re-mortgaging customers
Royal Bank of Scotland Mortgage Types
Royal Bank of Scotland offers various types of mortgage services to its citizens at very low interest rates enrolled with number of benefits- Overpayment up to 10% per year without incurring an early repayment charges, no product fees, online banking access, . These include:
1. Fixed Rate Mortgage: This mortgage is offered at a fixed rate of interest for a fixed term period. Under this the mortgage holders know exactly where they stand.
2. Tracker Mortgages: Tracker mortgage is also known as variable mortgage. In this customers are offered mortgages at variable interest rates that keep on going up and down and the term period is also variable.
3. Offset Flexible Mortgage: Under this, customer’s savings will earn interest at the same rate as their mortgage. In this you will not be charged for making early payments. One can manage mortgage account very easily via online banking. You are provided with an option to pay less each month or take a payment holiday benefit. Under this, interest on mortgage will continue to accrue during the payment holiday and the monthly payment installments may increase afterwards.
4. Buy to let mortgage: Under this type of mortgage, customers will be provided with an option to choose between fixed rate and base rate tracker, i.e. interest will be charged either at fixed interest rate or variable interest rate.
5. Shared Equity Mortgage: Under this mortgage loan is offered by government backed share equity scheme in combination with RBS shared equity mortgage. This helps to customer to get mortgage at more affordable interest rates as compared to others.
For further information about type of mortgages offered by the bank, current news about base rates, interest rates, standard variable rates by using interest rates tables of different time period, their benefits, mortgage break, terms and conditions, underwriting services, sort codes of different branches or any other information you can contact the customer service mortgage adviser or visit the nearest branch location using Location Finder tool to meet the mortgage officer, or can visit the bank’s official website to get the latest and up dated information about mortgages interest rates and re-mortgaging interest rates.
How to apply for Royal Bank of Scotland Mortgage
To apply for RBS Mortgage you should be aware of who can apply for mortgage service, i.e. the eligibility criteria: If you are above the age of 18 years and resident in UK. Apart form this you had a regular income, good credit limit and have managed all the past financial commitments without any default or delay, then you are eligible to apply for RBS mortgage.
You can apply for mortgage on filling an application form by visiting the nearest mortgage banking branch. The mortgage manager of the respective branch will guide you and helps you to take an appropriate decision to choose right type of mortgage that suits your needs. You are requested to submit correct and authenticated information in the form and enclose all the relevant documents- Id proof, address proof, age proof, personal information, professional information and details of the home etc. After completion, the application form is forwarded to the mortgage advisor, who conducts the verification procedure and finally approves your mortgage application.
Royal Bank of Scotland Mortgage Online
You can apply for RBS mortgage by simply filling online application form giving personal details, professional details, details of the property and attaching relevant documents such as- Id proof, address proof, and age proof etc. With online banking you can check the status of your application. 24 hours a day and 7 days a week online banking access helps you to get details about your mortgage account, interest rates, repayment schedule, installment amount, mortgage tenure, due dates, grace periods and penalty etc. anywhere either by sitting at home or during travel irrespective of geographical boundaries and branch’s working hours. To enjoy online banking services to need to register with RBS digital banking service by filling a registration form online.
For any other information about the mortgage for existing customer, debt, decline, PPI clams, expat forums, details of intermediaries involved, offset one account mortgage, money saving experts, market place conditions, max ltv( maximum loan-to-value ratio), loan guard, guarantor details name, address, contact information, fax number, information about rate cut down, repossession, valuation of loan amount, retention, home buy direct, mortgage trading, mortgage trusts, tips, deals with Santander, and other by simply visiting the RBS website.
Royal Bank of Scotland Mortgage Online Calculators
Royal Bank of Scotland offer mortgage online calculators to its customers. It offers separate online calculators for each type of mortgage. These include: offset calculator, repayment calculator, affordability calculator, rate change calculator and re-mortgage calculator. These help you in calculating the amount that one can borrow according to their budget, thereby solving the query “ How much I can borrow” and estimating installment amount at different interest rates and for different time periods with in no time by entering the details of the property price, specific time period and interest rate. These calculators are also used for comparison purpose and helps in deciding whether to opt for re-mortgage service or not. You can use online calculators by simply visiting the mortgage link of the banks official website www.rbs.co.uk/. You can learn how online mortgage calculator works with the help of online banking demo link.
Royal Bank of Scotland Mortgage Repayment Online
Royal Bank of Scotland Bank facilitates its customers with an option to make repayment of mortgage installment online. It offers a complete payment protection. To enjoy this facility customer need to login the online banking service with the help of issued User Id and password. After successful login you can perform repayment of the mortgage via secure payment gateway by simply entering details of the installment amount, due date, payment provider, receiver’s name, details of intermediaries, and other information. Repayment of mortgage is done with in no time without standing in a long queue with the help of debit cards, credit cards, Visa cards, or MasterCard. If you face any difficulty in accessing online banking or need help you can visit the nearest branch location, or contact the customer service or can take the help of online demo link for any kind of assistance.
For any other information related to latest news about mortgage arrears, mortgage deeds, agreement in principle, lending criteria, additional borrowings, fees and charges, payment protection service, payment holidays, mortgage promise and redemption terms and conditions, complaints/ suggestions or appeal against any dispute or so you can fill a feedback form available at the bank’s official website.
Royal Bank of Scotland Mortgage Jobs
Royal Bank of Scotland offers great career opportunities to self motivated job seekers. It aims at building world’s best talent. RBS has introduced number of graduate programs, diploma courses, training sessions, internship programs and others for those seeking to have career in banking and insurance industry. It provides its employees with high salary packages, along with number of unique benefits. These include- retirement plans, bonus, life cover insurance, accidental insurance cover, long term illness cover insurance, loans and mortgage services at discounted interest rates and many more. At present RBS is offering job opening for the post of Personal Mortgage Adviser at different location in UK, US, Hong Kong, India and others. You can find out the current jobs openings, number of vacancies, educational qualification, experience, job profile, salary package, recruitment process, examination and interview schedule and others, by visiting the Career link of the RBS global portal.
Royal Bank of Scotland Mortgage Customer Service
Royal Bank of Scotland offers highly qualitative customer service to its customers. It has established a wide network of customer service support centre to assist you. One can contact the mortgage customer service representative or can book an appointment with a mortgage adviser by calling at the telephone numbers mentioned below:
|HELPLINE||Telephone Number||MINICOM Phone Number||Opening Time|
|New Mortgage Customers||0800 068 7675||0800 056 6587||Mon-Fri:8am-8pm|
Sat: 9am - 4pm
|Existing Mortgage Customers||0800 096 0966||0800 056 6587||Mon-Fri:8am-8pm|
Sat: 9am - 4pm
|Offset Flexible Mortgage Customers||0800 068 7785||0800 056 6587||Mon-Fri 8am-8pm|
Sat 9am - 4pm
|Re-Mortgage Customers||0800 096 0966||0800 056 6587||Mon-Fri 8am-8pm|
Sat 9am - 4pm
|Private Mortgage Customers||0845 30 30 600||0845 900 5960||24 hours|
Customer can also contact the mortgage advisor by sending any query or application via postal mail or visiting the mortgage centre in person at the address mentioned below:
The Royal Bank of Scotland Mortgage Centre Plc,
74 West Blackhall Street
PA15 1XG Greenock, UK
Telephone: 01475 726776
R B S Mortgage Corp
Ave Munoz Riv 894d 106
Puerto Rico 00927
United States of America (US)
Edinburgh Mortgage Shop
86b George Street,
Edinburgh, EH2 3BU
Royal Bank of Scotland Mortgage Reviews
Royal Bank of Scotland mortgage reviews shows excellent results. It offers great mortgage services to its customers and has succeeded in acquiring huge number of mortgage holders. The bank is still working towards acquiring and attaining more number of customers.