Nationwide Fixed rate ending
lawley1010
Posts: 286 Forumite
Hi, our 5 year fixed rate with Nationwide is finishing in January and wondered if anyone knew the process for switching to another deal with them i.e do they do a credit check, affordability check etc. We only have about 8 years left and about £43,000 outstanding, we are not wanting to borrow anymore or change the term, I just want to know process before I get in contact with them. I have been over paying by a relatively small amount and would like to increase this when we switch. Thanks in advance.
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Comments
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Switching to another NW product with no additional borrowing or change in term? No checks at all. 5 minute job online.
You can select a new product when you’re 5 months or less from the end of your fix.0 -
Thanks for your quick reply, I didn't realise you could do it 5 months before it ends, thought it was 3 👍0
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They changed it recently to 5 months, previously it was 3 months. https://www.nationwide.co.uk/products/mortgages/existing-customer-switching/apply0
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