Nationwide
Nationwide
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Nationwide

Nationwide has an enduring commitment to the broker mortgage market. Every broker has access to an expert Business Development Manager, helping them grow their business.

We provide competitively priced mortgage products and excellent service. And continually invest in improved technology.

 

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.

Products and Features

  • Free standard valuations on all homebuyer & remortgage products
  • Dedicated New Build hub and guide to help you submit New Build business more easily
  • Various employment types accepted (subject to criteria) – employed (including new jobs), Self Employed, Fixed Term Contracts, Zero Hour Contracts, Foster Carers
  • Remortgage products with a free standard valuation and free standard legal fees or £500 cashback
  • Fixed rate mortgages
  • Tracker rate mortgages, with no ERCs
  • Interest only available on remortgages and purchases
  • 10% overpayment allowance, based on original loan amount
  • Housing scheme support including Help to Buy and Shared Ownership
  • Dedicated large loans team for loans from £500k to £2m
  • Joint Let to Buy proposition with The Mortgage Works
  • Switcher applications accepted on behalf of members
  • Further advance applications accepted on behalf of members.

Submit applications through NFI Online

  • Instant DIPs, KFIs and product reservations
  • Complete online applications
  • Fully electronic declarations
  • Immediate valuation instruction
  • Print DIP certificates
  • Scan and attach documents.

Supporting you and your clients

NFI has a network of field and telephone based Business Development Managers covering the UK along with telephone based, regional Business Development Advisers committed to meeting your business needs.

Contact us

Broker Chat is an online instant messaging service open until 5pm, Monday to Friday. It’s a quick and convenient way to speak to one of our experienced advisers. You can get guidance with any of the following:

  • Lending criteria
  • Products
  • Procuration fees
  • Registrations
  • Technical support

Broker Chat also gives you the ability to save a record of your online conversation.

Web: www.nationwide-intermediary.co.uk

Tel: 0345 600 31 31

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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.

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