Here is the latest update from Nationwide Building Society. For full details see their latest product information here. Access these product via our direct to lender mortgage club and get the benefits of payment on completion.
A new way to verify income
We’re always working on ways to streamline the mortgage journey for both you and your clients.
So to reduce the number of proofs we need, we’re introducing a new tool in NFI Online which will allow us to automate the verification of your clients income: Work Report from Experian.
Work Report provides us with digital payroll data, which we have integrated into our systems to remove the need for manual income proofs and verification where a match is established.
You’ll notice the new tool is live in NFI Online from today and functionality will be fully enabled in coming weeks. Please continue to upload requested proofs as you currently do, and you will start to see the frequency of proof requests likely reduce going forward.
To see how it works, you can get more info on our website.