Nationwide mortgages available online

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Nationwide mortgages available online

Nationwide customers will now be able to apply for a mortgage online thanks to the building society's new feature added to its website.

The online application process has been introduced in a bid to extend the types of service available to customers and provide borrowers with the means to secure a mortgage away from the branch.

Nationwide's new system allows customers to select the mortgage that suits their needs and in return they will receive a rundown of the key facts relating to that product. Also, a minimal application form is then filled out to determine whether or not the application is successful, in principle.

Stuart Bernau, executive director at Nationwide, remarked: "Ten years ago when we launched the first internet banking facility, we signed up five thousand people by the end of the year. Now we have nearly three million users registered for our service."

"This increased demand clearly shows the way people manage their money is changing and it seems only right that we allow them to arrange their biggest financial commitment online too," he continued.

Mr Bernau went on to state that customers would benefit from the online service, which would give them "greater flexibility" and allow them to weigh up the options available to them when choosing a mortgage.

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