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Property/DIY

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ERC and Porting

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Zebblox · 22/11/2021 20:33

Just wondering if anyone has successfully ported a mortgage with Nationwide and had the early repayment charge refunded?

We sold our last property in August and have just completed on our new one today, porting the existing mortgage with some additional lending on top to make up the difference.

Looking on the site, it says you port within 180 days then you get the ERC refunded, but doesn’t give a great amount of detail how/when. We sold up after only owning the previous house for a year, so there’s over 6 grand potentially to be refunded.

Does anyone know how it works?

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