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Nationwide equity release

Nationwide have stopped offering equity release lifetime mortgages.  Any ideas on why they have pulled out ??

Comments

  • kingstreet
    kingstreet Posts: 39,375 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I don't remember Nationwide ever offering them, TBH.
    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.
  • I have had one for three years.
  • JMA74
    JMA74 Posts: 264 Forumite
    100 Posts First Anniversary Name Dropper
    edited 10 February 2023 at 10:40PM
    I don't remember Nationwide ever offering them, TBH.
    they've done them direct only for a fair few years now.  Very good terms as well.  But i think only for existing Nationwide mortgage customers to transfer on to
    I am a Mortgage Adviser 
    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.
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