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Nationwide to pay Retention Fees

21 August 2017


From today, Monday 21 August, Nationwide will now pay retention fees on all switcher applications.

They will pay a gross procuration fee of 0.20% for all switcher applications submitted from today.

Rewarding existing member loyalty

They have also announced that existing Nationwide mortgage members looking to switch with them, will exclusively receive: 

  • Access to their best rates, currently 0.1% lower than new customer rates plus
  • £100 cashback as a thank you for continuing to choose Nationwide 

You can view their updated product guide here.

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