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Confused with Nationwide 95% mortgages

oxfordmark
oxfordmark Posts: 458 Forumite
edited 22 May 2013 at 7:45PM in Mortgages & endowments
Hello

I posted on here a few weeks ago about the Nationwide Save to buy scheme which offers a 95% mortgage if you have a save to buy account for over 6 months.

Just looked on the Flex account page and it says you can get this if you have paid in over £750 per month for the last 3 months.

I have been a customer for several years and am looking to buy. Does this mean i can get a 95% mortgage?

I point you too http://www.nationwide.co.uk/mortgages/interestrates-types/specialoffers.htm?offer=9
Oxfordmark

Home owner from Friday 26th July 2013!

Comments

  • R_P_W
    R_P_W Posts: 1,526 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    You know best people to ask......begins with N
  • oxfordmark
    oxfordmark Posts: 458 Forumite
    edited 22 May 2013 at 8:01PM
    R_P_W wrote: »
    You know best people to ask......begins with N

    I was on hold since 1930 (pm not the year :) ) then had a recording saying the lines were closing soon and my call may not be answered.
    Oxfordmark

    Home owner from Friday 26th July 2013!
  • starbarboy
    starbarboy Posts: 63 Forumite
    Hi Mark

    The information you are looking at relates to their Flexible Mortgage not to Flexi Account holders. To qualify for the 95% mortgage you have to open a Buy to Save account and save for 6 months. If I remember correctly however you do receive additional benefits if you have a Flexi Account as well and take out a mortgage with them.

    Hope this helps

    Stephen
  • oxfordmark
    oxfordmark Posts: 458 Forumite
    Oh okay it makes out you can get a 95% mortgage by just being a flex account holder.
    Oxfordmark

    Home owner from Friday 26th July 2013!
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