Ex-Portman mortgage account holder wishing to 'port' their product non-simultaneously
Nationwide allows non simultaneous porting and refunds the Early Repayment Charge (ERC) provided the new loan completes using the balance and terms of the portable product within 6 months of redeeming the old loan.
Although Portman did not normally allow non-simultaneous porting the above policy will apply to ex-Portman customers regardless of whether they redeemed their mortgage before or after the Merger date.
Note - Ex-Portman products have a fixed end date; when ported the original fixed end date will still apply.
Any additional borrowing will qualify for Nationwide's loyalty products.
KFI & Application
As the accounts are closed you can not produce KFIs or submit applications for 'non-simultaneous portable' products via the 'e Services' website or MTE.
1. Complete a paper application, which can be found on our website under: www.nationwide.co.uk/intermediaries/stock/printForms.htm.
2. Post to Refinance Team:
Refinance Team
Nationwide Building Society
Kings Park Road
Moulton Park
Northampton
NN3 6NW
Please note: These cases have to be treated as direct applications, so the KFI and the Offer will not show the Intermediary details or any Intermediary fees but you will be sent a copy.
Providing the completion takes place procuration fees will be paid in the usual timescales.
