Nationwide increases annual over-payment allowance

Brennan, Henry
May 2013
Money Marketing (Online Edition);5/28/2013, p7
The article reports that the amount borrowers can overpay on their mortgage to 10 percent of their original balance each year is being increased by Nationwide. Nationwide mortgages reserved from May 29, 2013 will carry the overpayment feature. Previously, customers were able to overpay a maximum of 500 pounds a month, regardless of the size of their loan.


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