Flexible advance
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Additional borrowing on our base mortgage rate
- borrow up to 85% of your home's value (including the amount of your existing loan)*
- we reserve a sum of money for you to use as and when you need it
- you can withdraw funds of £500 or more as and when you need them
- you'll only be charged for the amount you've withdrawn
and you can still enjoy a range of flexible features
- you do not have to borrow all the money in your agreed limit
- no reservation fee
- option to make overpayments and take payment holidays
- interest is calculated daily
- no hidden fees or charges
*Subject to our current lending criteria
Former Portman Building Society mortgage customers whose mortgage product was taken out before 28 August 2007 or whose mortgage is now on or linked to the Nationwide Base Mortgage Rate should refer to their mortgage conditions for details of the flexible options and product features that apply to their mortgage. The product features listed on these pages refer to new Nationwide mortgages.
