Advantages: Very friendly staff, always prepared to help Disadvantages: Mistakes happen freqently.
Sorry but I could not think of a witty title, so I left it very simple!
I started banking with the Nationwide BuildingSociety around 7 years ago, me and my now husband decided to open a joint account as we had been together a year by then and were ready to settle down. He already had a savings account with them so we decided it would be easier and then we could keep the savings account open as well.
We had to make an appointment as we had to take in documents to prove our identity and a utility bill. Off we went on the day of the appointment fully armed with documents and ready to open our first joint account together, oh if only life could be simple!
Now there are several different accounts you can open with the Nationwide BuildingSociety.
Flex Account being the main on although there are basic flex accounts of this if ...
Advantages: Customer service, up front about fees Disadvantages: Fees for statements, high early repayment charges
I am writing numerous reviews on mortgage lenders similar to this review as I am giving an inside respective on how certain lenders treat their customer and how their processes work in regard to repaying your mortgage. I do not own this product, but work to remortgage LambethBuildingSociety mortgages on an everyday basis.
The LambethBuildingSociety is now known as Portman BuildingSociety and we contact them for all queries in regards to repaying your mortgage. The Portman are generally quite efficient when it comes to the process of you wishing to remortgage, but there are a few points that people must take note of when repaying their mortgage.
Early repayment charges which apply when you wish to repay your mortgage within your fixed term tend to be very high with the Portman in relation to the size of your mortgage. Obviously ...
Advantages: Wide range of accounts Disadvantages: Not being able to transfer some money from one account to another on a certain day of the month
My fiance and I have just become customers of Nationwide builing society and have already found them to be very unprofessional.
My fiance wanted to transfer all money for bills in to another account on the 28th of every month, we were told when we went in it inquire about their current account that this was not a problem and that the fund could be transferred that day and for direct debits to go out the following day. This impressed us so we decided to open two accounts, a "main account" (which our salaries would be paid into) and a "bills account" which all direct debits would be taken from. The adviser took the details for our direct debits and said that he would get them set up the following day. We also registered for internet banking so we could monitor our 2 accounts from home.
About a week later when the access number ...
