Our services are available as usual
Switch to a new mortgage deal
Switch and get £100 cashback* – our way of saying thank you for staying with us.
*Cashback will be paid per account within one month of mortgage completion. This cashback offer applies to members whose product was reserved on or after 5 April 2017.
Our Mortgage Consultants can advise you on a mortgage deal to suit you. But if you're comfortable choosing a new deal without our advice, you can apply online at your own pace.
It's important to understand that you are responsible for the deal you choose. If you don't take advice from us, you won't be protected if you later decide the mortgage you chose wasn't suitable.
If at any point you decide you'd like our advice, give us a call (This link will open in a new window) to book an appointment
You can also pop into your nearest branch (This link will open in a new window) to arrange to speak to a Mortgage Consultant
When you pay more than your monthly payment, we do three things:
When you switch, we include your current balance and the overpayment reserve when working out your loan to value (LTV). The rates available to you will depend on your LTV band - the higher your LTV band, the higher the rate you’ll pay. Your overpayment reserve increases your LTV, but may not mean you move to a higher LTV band. When you switch to a new deal, you’ve got two options with your overpayment reserve:
This means you won't be able to underpay on the overpayment reserve you've removed after your switch, but your LTV will be lower and may mean you pay a lower rate if you move to a lower LTV band.
Option 2: Keep your overpayment reserve
This means you’ll be able to use your overpayment reserve to underpay after your switch, but your LTV will be higher and may mean you’ll need to pay a higher rate if you move to a higher LTV band.
If you'd like to find out more about how your overpayment reserve could impact your mortgage, please call us on 0800 30 20 11.
You’ll be on our Base Mortgage Rate (BMR) if your current deal was reserved through:
If you’re currently on our Base Mortgage Rate (BMR) you’ll never pay more than 2% above the Bank of England base rate.
Choose to switch your deal, and you’ll move automatically onto our Standard Mortgage Rate (SMR) when the deal ends, which has no upper limit or cap. Think carefully before switching your deal, as you won’t be able to move back to our BMR once your new deal ends.
If you took out your current mortgage deal through Nationwide before 4 March 2010, it will have come with borrow back and payment holidays features. If you took out your current mortgage through Derbyshire, Cheshire or Dunfermline Building Societies, you'll need to check your offer to find out if you have these features.
Choose to switch you deal, and you’ll lose borrow back and payment holiday features. Think carefully about switching your deal if you rely on these features or think you may use them in the future.
Think carefully before securing other debts against your home. Your mortgage is secured on your home, which you could lose if you do not keep up your mortgage repayments.
If you choose to switch by calling us, you’ll have two options:
A Mortgage Consultant will take you through everything you need to consider, offer advice on what’s best for you, and complete your mortgage application with you.
A Mortgage Consultant will take you through the application process and help you complete the forms, but they won’t offer you advice. Only choose this option if you’re confident you’ve picked the right mortgage for you.
If you have to pay an Early Repayment Charge to leave your current mortgage deal, you’ll need to switch with advice.
Mon - Fri: 8am - 8pm, Sat: 9am - 5pm (closed Sundays and Bank Holidays)
If you choose to switch by popping into one of our branches, you’ll have two options:
A Mortgage Consultant will take you through everything you need to consider, offer advice on what's best for you, and complete your mortgage application with you.
You'll first need to make an appointment by giving us a call or popping into your nearest Nationwide branch.
Speak to one of our mortgage experts
Come and see us at your nearest branch (This link will open in a new window)
Send us a message (This link will open in a new window) online
Our website survey opens in a newwindow for you to complete once you'vefinished what you wanted to do.
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