I have an old nhs partnership mortgage with nationwide, which were available in the late 80's and early 90's. They were introduced to help nhs employees purchase new properties in return for a % of the profits when the property is sold. In our case the mortgage fee was reduced by 2/3 and they would get 50% of profits when the property was sold. Never could get the bank to give me the math on the 2/3 reduction as it always seemed to be closer to a 20% reduction as it never seemed to go down anywhere near as quickly as interest rate decreases. Over the years I tried to change out of the mortgage but each time nationwide stated the only way out of the mortgage was to sell the property and pay them the 50% of the profits. When I inquired again this year, I got an interesting letter back from the bank indicating that I could convert my existing mortgage to a traditional mortgage without fees as long as I agreed to pay them the 50% of the profit base on today's valuation. This was exactly what I tried to do many times with the nationwide over the years. However, it had also some strange reference to the banking ombudsman and I quote "It is the ombudsman view that societies should make prospective borrowers aware of all terms and conditions when they are still free to obtain funding elsewhere, etc, etc." It was this statement that lead me to this site.... During my dealings with the bank over the years I feel they have been deliberately misleading not only when we signed the agreement but in all other correspondence. Has anyone taken legal action against the banks about these types of mortgages. Thanks