Our Mortgage Service - helping you make the right decision
Whether you are looking to renew your Nationwide mortgage or are looking at Nationwide mortgage products for a property purchase speak to us first to make sure you are getting the best deal possible.
Special features of what we offer include:
- Whole of market service - we work with over 60 UK lenders including Nationwide
- Leading rates - Access to leading market mortgage rates
- Exclusive deals - Access to exclusive loan deals not available on high street
- Fast turnaround - speak to us today if you need to move quickly
- We have lenders who will take into account previous defaults and missed payments
- Looking to raise additional finance on top of your existing mortgage or buy to let mortgage? - we have access to a range of finance solutions
To investigate your mortgage options contact our mortgage team on 0117 403 4474 or fill in our call back request form.
Whether you’re trying to buy your first home, move or remortgage Nationwide might have the right plan for you. As the largest building society in the UK there is a wide range of Nationwide mortgages available, however before you decide we suggest you use an impartial mortgage broker to make sure you are getting the best deal.
You can use the table above to see what Nationwide offers are currently available - once you have done that give us a call on 0117 403 4474 or complete our callback request form and we will check based on your circumstances wheter a Nationwide deal is right for you.
If you are interested in a Nationwide mortgage use the Nationwide mortgage calculator above to find out how much they may be willing to let you borrow based on your financial information.
Remember a mortgage calculator does not guarantee that you will be able to borrow the amount or rate stated as it is purely for indicative purposes, factors such as your credit history may affect both your suitability for the mortgage as well as the interest rate.
Taking out a mortgage can be a long term commitment so you want to try and find the best plan for you, think about what features you feel you need from a mortgage when shopping around. You can use the mortgage calculator above to search different mortgages from different lenders. Or you could fill in the query box to request a call back from a member of our friendly mortgage team for a free initial conversation about your options whether you are remortgaging i.e renewing your existing mortgage with Nationwide , moving home or buying for the first time.
Types of mortgage
When looking into mortgages, it is important to consider what kind of mortgage would be best for you; either repayment or interest only.
With this type of mortgage as well as making payments on the mortgage’s interest you also make repayments on the amount you borrowed, so if you applied for a 35 year mortgage at the end of the term you would have completely paid off the amount you borrowed.
Interest only mortgages
Interest only mortgages are slightly different. Instead of paying off the loan over its course, you only make payments on the interest element of the mortgage product.
However when the mortgage reaches its end you are required to repay the capital amount you originally borrowed in full. As a result of this lenders normally have more stringent eligibility criteria such as requiring the borrower to have a higher annual income than would be required for a repayment mortgage of the same size.
The amount you wish to borrow on this basis in relation to teh property value will be a factor. They can also ask for you to provide them with a repayment plan to show how you intend to make the repayment when the mortgage finishes. To see if interest only mortgage products are available from Nationwide call our mortgage team.
There is also some variation in how your interest rate is calculated, at least for the introductory term. Some types of mortgages include:
Fixed Rate –With this option your interest payments are the same throughout the course of the deal, so you know how much you will be paying for the whole introductory period.
Tracker – Tracker mortgage rates are linked to the base rate which is set by the Bank of England. This means that if the Bank of England either raises or lowers its base rate the interest you pay on your mortgage will also change as a result. This means you may pay a higher or lower rate of interest.
Call our mortgage team on 0117 403 4474 for more information on how Nationwide mortgages compare with the rest of the UK market or complete our short enquiry form.