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Switching mortgage - Nationwide
blueceb
Posts: 1 Newbie
Hi all,
I’m currently on a 2-year tracker mortgage with Nationwide which is due to run out at the end of this month. Not really wanting to switch to SVR when it expires, but I’ll be putting the property up for sale in the new year. I’ve been a customer of Nationwide for the last 8 years. Is it commonplace for Nationwide to re-credit check for a product switch? I imagine I’ll move over to a new tracker mortgage (without any exit fees) to avoid the SVR, but wasn’t sure whether multiple credit checks might negatively affect my new mortgage application which I’ll kick start in the next few weeks. Any advice gratefully received.
Thanks.
blueceb
I’m currently on a 2-year tracker mortgage with Nationwide which is due to run out at the end of this month. Not really wanting to switch to SVR when it expires, but I’ll be putting the property up for sale in the new year. I’ve been a customer of Nationwide for the last 8 years. Is it commonplace for Nationwide to re-credit check for a product switch? I imagine I’ll move over to a new tracker mortgage (without any exit fees) to avoid the SVR, but wasn’t sure whether multiple credit checks might negatively affect my new mortgage application which I’ll kick start in the next few weeks. Any advice gratefully received.
Thanks.
blueceb
0
Comments
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No checks.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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