Where to get KFIs

Under FCA regulation, the generation of KFIs becomes an integral part of the mortgage sales process and as such it is vital that you know where to obtain a Nationwide KFI for any scheme.

Nationwide for Intermediaries can only accept applications on an "Advised" basis, and this should be reflected in the level of service confirmed in section 2 of the KFI.

KFIs are available directly from Nationwide via:

NFI Online
Mortgage Trading Exchange (MTE)

Most KFIs can also be obtained by mortgage sourcing systems. These are stand-alone KFIs, produced by the relevant sourcing company with no interaction from Nationwide.


Lending Schemes
How KFIs can be generated
NFI Online
MTE
Sourcing System
Purchase
Yes
Yes
Yes
Remortgage
Yes
Yes
Yes
Shared Ownership
Yes
Yes
Yes
Unencumbered Remortgage
Yes
Yes
Yes
Right to Buy
Yes
Yes
Yes
Second Property Applications
Yes
Yes
Yes
Applications with other mortgages in the background
Yes
Yes
Yes
Borrowing in Retirement
Yes
Yes
Yes
More than 3 addresses in the last 3 years
Yes
Yes
Yes
Equity Share Purchase
Yes
Yes
Yes
Portable products‡
Yes
No
No
Nationwide Building Society Staff/Pensioners
Yes
Yes
Yes
Genuine Bargain Price
Yes
Yes
Yes
Restricted Resale Price
Yes
Yes
Yes

‡ If you want to produce a KFI for a loan that is being ported to another property, this can be done as long as the loan to be ported has not already been redeemed.

Manual KFI Porting Requests

Most Porting KFIs can be produced via NFI Online with the following exceptions:

  • Porting a 25 year fixed rate
  • Porting an account with a future dated product switch
  • Porting if the mortgage term takes the applicant past 75 years old (like for like applications only)
  • Porting of 4 or more accounts
  • Porting an account where the current mortgaged property is being let out
  • Porting of 3 or more applicants (like to like applications only)

Porting in these circumstances will require a manual KFI to be produced.

To obtain a KFI please complete the Manual KFI Porting Request Form and submit as instructed. KFIs will be faxed or posted to you within 48 hours of receipt if the form if received by 3pm.

Forms received after 3pm will be treated as having been received by 8am the next working day.

For further information on porting or information on KFIs for porting a tracker product, please call 0800 464 3000.

Base Mortgage Rate (BMR) and Standard Mortgage Rate (SMR) for Porting

Nationwide's BMR and SMR are not available for new business and additional borrowing customers.

It will therefore only be available to existing Nationwide customers moving home who are already on the BMR/SMR and wish to port to their BMR/SMR product. They can only port across their existing balance and any additional borrowing required must be taken on a product other than the BMR/SMR Porting Only product.

Applications received on the BMR/SMR Porting Only Product that are not for existing customers who are porting their BMR/SMR on its existing balance will not be accepted and the application will be returned.

Need to know more?

Read the KFI Frequently Asked Questions