We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Porting query - losing will to live with Nationwide
charco
Posts: 42 Forumite
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?
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?
0
Comments
-
Phone call in the morning with your mortgage details to hand0
-
Under section 4 of the offer document, under product description and the rate, is that bit incorrect?0
-
Yep. Section 4 originally advised the existing mortgage would continue on its current rate until the product expired.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards