Deal ending, staying with Nationwide

briddj

Quick question for someone on here.

My mortgage deal ends in a couple of months, and I plan to stay with Nationwide - so just taking up one of their deals for existing customers.

None of my personal circumstances have changed since I got my mortgage two years ago (in fact I have overpaid).

Do I still need to go through the same process as if it were a new mortgage (ability to pay, bank statements etc) or is it a simpler process of taking up a new deal with them?

Thanks.

lee111s

I believe it's just a case of selecting your new deal online. There should be no further affordability checks, unless you want to borrow more, or change the term.

briddj

Yeah, I've seen they have the online process - just hoping I don't have to spent weeks making sure finances in order before I can apply when nothing has changed for me.

I overpaid by 18k so there's really no reason why there should be any need - that doesn't of course mean they won't!

Imma_Number

If you switch online Nationwide aren't giving advice so far fewer questions.

http://www.nationwide.co.uk/products/mortgages/existing-customer-switching/apply#xtab:switch-online

andyfromotley

yup. i looked into this as i am coming to the end of my fix.

No checks, its straightforward and simple.

briddj

andyfromotley wrote: »

yup. i looked into this as i am coming to the end of my fix.

No checks, its straightforward and simple.

That's just the answer I wanted. Perfect.