Porting query - losing will to live with Nationwide

charco

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?

dimbo61

Phone call in the morning with your mortgage details to hand

glosoli

Under section 4 of the offer document, under product description and the rate, is that bit incorrect?

charco

Yep. Section 4 originally advised the existing mortgage would continue on its current rate until the product expired.