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Nationwide Building Society - Added Re-mortgage fee with higher mortgage rates.

Submitted on Friday 3rd March 2017

Rejected on Monday 13th March 2017

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

Nationwide Building Society - Added Re-mortgage fee with higher mortgage rates.

Petition Details

Was already on a high interest rate on mortgage with Nationwide Building Society. The Re-mortgaged by adding application fee at the current high rates rather than using the new rate that was applied for. This application fee in turn incurred unnecessary interest charges on the fees

Additional Information

Currently on 5.88% rate and Re-mortgage at 1.18 with Nationwide Building Society. They added my application fee £999.99 to the loan at 5.88% and continue to charge interest at that rate until when they decide to switch my application at the time suitable to them. This is financial robbery at the highest level.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

This is the responsibility of Nationwide, not the UK Government or Parliament.

You can find out how to make a complaint to Nationwide here:

http://www.nationwide.co.uk/support/contact-us/make-a-complaint

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