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    • charco
    • By charco 17th Jul 17, 7:43 PM
    • 29Posts
    • 11Thanks
    charco
    Porting query - losing will to live with Nationwide
    • #1
    • 17th Jul 17, 7:43 PM
    Porting query - losing will to live with Nationwide 17th Jul 17 at 7:43 PM
    We're currently porting our existing mortgage and borrowing a little bit extra for our new house. Nationwide advised there would be 2 mortgages - 1 for the existing mortgage and 1 for the new. As the existing mortgage is still on a deal this would be on a slightly higher interest rate until the deal expired. We'd then have to sort out a new deal in a few months when that expired. All fine.

    Offer comes through and they have the current mortgage marked as being on the standard rate (3.74%). I'm assuming this is an error but now concerned. We're supposed to be moving in a few weeks...

    Anyone got any ideas?
Page 1
    • dimbo61
    • By dimbo61 17th Jul 17, 7:53 PM
    • 9,394 Posts
    • 5,093 Thanks
    dimbo61
    • #2
    • 17th Jul 17, 7:53 PM
    • #2
    • 17th Jul 17, 7:53 PM
    Phone call in the morning with your mortgage details to hand
    • glosoli
    • By glosoli 17th Jul 17, 7:57 PM
    • 557 Posts
    • 304 Thanks
    glosoli
    • #3
    • 17th Jul 17, 7:57 PM
    • #3
    • 17th Jul 17, 7:57 PM
    Under section 4 of the offer document, under product description and the rate, is that bit incorrect?
    • charco
    • By charco 17th Jul 17, 8:11 PM
    • 29 Posts
    • 11 Thanks
    charco
    • #4
    • 17th Jul 17, 8:11 PM
    • #4
    • 17th Jul 17, 8:11 PM
    Yep. Section 4 originally advised the existing mortgage would continue on its current rate until the product expired.
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