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Bank of Scotland mortgage holiday?

willywoz · 2012-04-17 20:04:32

Have tracker mortgage with Bank of Scotland, 15 years into 25 years. Want to take 5 year holiday, anyone been successful in doing same and retaining the tracker.

17-04-2012 8:04pm

#1

willywoz

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Have tracker mortgage with Bank of Scotland, 15 years into 25 years. Want to take 5 year holiday, anyone been successful in doing same and retaining the tracker.

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Comments

#2 17-04-2012 9:08pm

chris85

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willywoz wrote: »

Have tracker mortgage with Bank of Scotland, 15 years into 25 years. Want to take 5 year holiday, anyone been successful in doing same and retaining the tracker.

Do you want or need to take a 5 year holiday? Its just you say want and thats a big want. Either way bank wont agree to it. No bank would. Is there a particular reason? You will need to service the interest at least or if in dire circumstances part of the interest with conditions attached.

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#3 18-04-2012 8:02am

homer911

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I cant see any bank accepting interest only for 5 years, never mind a payment holiday of that period

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