Nationwide Mortgage Review

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Nationwide Mortgage
2.5 stars
Average rating for this product is: 2.5 out of 5

From 1 rating and 18 reviews

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markg216's Review of Nationwide Mortgage

16th Dec 2005

Overall Rating

0.5 stars
  • Value for money
    3 stars
  • Repayment Method
    Repayment
  • Product
    Fixed rate
Good Points

Interest rate


Bad Points

Lack of communication


General Comments

Back in October I saw an advisor who put forward a Nationwide mortgage on a good fixed rate. Everything was fine until today, 2 days before the redemption date, I recieve a letter informing me that there is a £1,700 shortfall between what I'm borrowing and what is owed. Now why did they wait so long to tell me this? My mortgage will not be sorted till after Christmas now and I am being charged a daily interest rate for something which was in their hands. Knowing what I know now I would not recomend. I'm going to end up owing more than I did over a year ago!

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Members' Comments onmarkg216's Review

  • carternm31 Rank: Major on 28th Mar 2007

    Here here! We had the same problem with our Nationwide Building Society mortgage. However, our "fees" were £2700!!