Nationwide
Nationwide
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Nationwide

Nationwide For Intermediaries is Nationwide’s award-winning intermediary mortgage business. When considering a mortgage for your client, we want Nationwide to be your first choice. Every broker will have access to a knowledgeable Business Development Manager, helping you to grow your business.

We can help your clients by providing a range of simple, flexible products with transparent fees and five-star service.

nationwide-intermediary.co.uk

 

Proc Fees

Product Gross Net
Fee Min Max Fee Min Max
All Standard Products 0.35% 0.33%
Ported Products 0.35% 0.33%
Further Advances 0.35% £100 0.33% £94
Product Transfer 0.2% 0.19%
Product Type When does the lender pay PMS? Frequency
All 14-20 days following completion Weekly

Lenders send payments by BACS which can take anything up to 5 working days to clear at PMS. PMS then make payment to brokers once the funds have cleared in our account.

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Register to place business with Nationwide:

*Please select that you are a PMS Mortgage Club member when registering, placing business or checking existing payment route to ensure you receive the procuration fee quoted by PMS.

Register

First time buyer

  • Helping Hand, your first time buyer clients could now borrow up to 6x their income.
  • £500 cashback available on all products (all applicants need to be first time buyers to qualify)

New Build

  • Dedicated New Build hub to help you submit New Build business more easily
  • Up to 90% LTV for houses and 75% LTV for flats
  • Deposit Unlock, allowing your first time buyers and home movers to borrow 90.01-95% LTV, up to a maximum loan of £750,000 on New Build properties

Products

  • Tracker rates, with no Early Repayment Charges
  • Free standard valuations on all homebuyer and remortgage products
  • Green rewards available for the purchase of energy efficient properties, with 0% further borrowing available for green home improvements
  • Remortgage products with free standard legal fees or £500 cashback, up to 95% LTV for like-for-like remortgage
  • Interest only available on remortgages and purchases
  • Switcher and Further Advance applications accepted
  • Joint Let to Buy proposition with The Mortgage Works only available through intermediaries

Criteria

  • Various employment types accepted – Employed (including new jobs), Self Employed, Fixed Term Contracts, Zero Hour Contracts, and more
  • Housing schemes support, including Equity Share, Shared Ownership and Right to Buy

Supporting you and your clients

Our Business Development Managers provide support face-to-face, on the phone and via video call across the UK, keeping you up to date with:

  • Product information
  • Advice on making applications
  • Our lending policy and criteria

Submitting applications 

NFI Online is our online application system. It provides fast processing and case tracking to give you an efficient case experience.

  • Instant illustrations, Decision in Principle and product reservation
  • Decision in Principle certificates
  • Online applications
  • Immediate valuation instruction
  • Scan and attach supporting documents
  • Track and make changes to application

We’ve also developed a mortgage API which allows Remortgage and New Purchase Decision in Principles (DIPs) to be created in third party platforms.

  • Only enter client data once, no need to duplicate information across platforms
  • It’s 10-15 minutes quicker on average to get a DIP and reduces keying errors
  • Less duplication means less potential for keying errors

To find your BDM, head to our handy BDM Finder

Contact us

Broker Chat is an online instant messaging service, open until 5pm, Monday to Friday. It’s a quick and easy way to speak to one of our advisers and gives you the option to save a copy of your chat.

You can get help with the following:

  • pre-application questions
  • procuration fees
  • tech support for NFI Online and questions about a Rate Switch application.