Nationwide
Nationwide
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Nationwide For Intermediaries

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.

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

Every broker will have access to an expert Business Development Manager, helping them grow their business.

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

Procuration fees for new lending are paid every Tuesday. You can expect to receive your procuration fee payment between and 14 days after completion.

Payment days may change over bank holidays.

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 can now borrow up to six times their income.
  • £500 cashback available on all products and up to £500 more for energy efficient homes.

New Build

  • Dedicated New Build page to help you submit New Build business more easily
  • Up to 95% LTV for houses and 85% LTV for flats
  • A dedicated New Build Support Team on hand to answer pre and post application queries.

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 new purchase product range, including first time buyers
  • Switcher and Further Advance applications accepted
  • Extra help with affordability for your Remortgage and Home Mover clients if they choose a 5+ year fixed rate mortgage

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

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 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 Business Development Manager, 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.