News

On Wednesday 24 February, Nationwide is reducing rates on selected mortgages across its range by up to 0.20 percentage points.

Nationwide Building Society will be reducing selected mortgage rates by up to 0.30 per cent effective from Wednesday 10 February.

The Mortgage Works (TMW), the specialist buy to let arm of Nationwide Building Society is launching new limited company mortgages on Thursday 28 January that now come with legal fees and a valuation included.

Nationwide Building Society is from 21 January 2021 increasing the maximum loan term at 90 per cent LTV lending back to 40 years.

Nationwide Building Society will be reducing rates across various products in its mortgage range effective from Wednesday 13 January.

Nationwide Building Society is reducing rates by 0.15 per cent on its two-year fixed and tracker rate mortgage products at 85 per cent Loan-to-Value (LTV). These changes will be effective from Tuesday 8 December.

• Lending at 90% LTV to include house purchases and existing mortgage members¹ moving home
• More capacity created as Society remains only major lender to offer 90% LTV mortgages
• Society to also remove restriction on gifted deposits to further support first-time buyers
• Mutual hopes these changes will help even more people move into first or next home

• Two-thirds (66%) of homeowners over 50 worry about covering the costs of care
• Almost half (46%) expect to have to sell their house to afford to live in a care home
• Eight in ten (81%) plan to dip into savings for age-proofing home improvements
• 75% of those in West Midlands worried about care home costs vs 60% in London
• Nationwide offers free consultations on borrowing to cover costs of later life care

• Society processing nearly a third more first-time buyer mortgages at 90% LTV than last year
• Decisions in Principle on-line have more than tripled year on year
• Nationwide one of only main lenders currently offering 90% LTV loans with unrestricted volumes
• Society issues rallying call for other lenders to support first-time buyers and re-enter 90% LTV market

• Huge mortgage demand, processing a third more per day compared to pre-Covid
• Helping 1 in 4 first time buyers as only mainstream lender offering 90% LTV loans with no restriction on volumes
• Society temporarily limits lending to new self-employed borrowers to max 75% LTV
• Reassurance that fully gifted deposits permitted on loans up to 85% LTV

• Two, three and five-year fixed rate and two-year tracker products on offer
• Rates competitively priced from 2.49% with no set limit on numbers available
• Fee and non-fee options available to give would-be homeowners greater choice

• Nationwide increases support for first time buyers by raising lending limit to 90% Loan-to-Value (LTV) for many properties and would-be owners
• Will help more people benefit from the stamp duty freeze recently announced by government on properties up to £500,000
• Mortgages of up to 90% LTV available via Nationwide and through brokers from Monday 20 July