Improvements to NFI Online and NFI MTE
We're pleased to confirm that the enhancements to NFI Online and NFI MTE have been successfully made over the weekend, and alongside these, we've made changes to our retirement age definition - details of which are further below.
System Enhancements
We've implemented our changes for the EU MCD as well as a number of system enhancements, so from today, you'll be able to submit the following applications online:
- Porting (excludes MTE).
- Genuine Bargain Price.
- Restricted Resale Price.
- Remortgages where your client owns a mix of mortgaged and unencumbered properties.
You can find out more information in our new Porting Keying Guide and the Genuine Bargain Price and Restricted Resale Price pages.
Our Retirement Age Definition
From today, we've also made changes to our definition of your client's retirement age. Nationwide will now only use the client's anticipated retirement age, rather than our policy where we use their state pension age if this is lower. The maximum retirement age will remain at 70 and the mortgage must end before the eldest applicant's 75th birthday.
New Product Codes
As a result of the system enhancements, all of our products will have new codes from today Monday 22 February (rates remain unchanged).
Help and Support
If you have any questions please contact your local BDM or your regional Dedicated Broker Support team through Broker Chat or on 0800 545 3131.