News

77 items found, showing page 1 of 7

02 Aug 2022

Nationwide increases maximum mortgage for those borrowing up to 90 per cent Loan-to-Value

  • New maximum loans up to £5m available from 3 August across standard five-year product range
  • Maximum loan-to-income increased to 5.5x for high earners on house purchase applications

12 May 2022

Nationwide increases maximum loan-to-income on like-for-like remortgages

  • Maximum loan-to-income increasing from 4.49x to 6.5x on like-for-like remortgages
  • Change applies to remortgage applications started from today, Thursday 12 May
  • Available to those looking to remortgage without taking any additional borrowing
  • Society’s change makes it easier for borrowers to move lender to secure better mortgage deal

04 May 2022

Home truths: Rising cost of living forces first-time buyers to put plans on ice for now

  • 70% of hopeful homeowners delay purchases by average of nearly two years due to cost pressures
  • 88% of prospective first-time buyers worried living costs are harming efforts to save deposits
  • 48% reduce amount they save towards a deposit and 38% repurpose earmarked cash
  • 69% willing to relocate to another part of the UK in order to get more for their money
  • 65% say they need to buy with someone else to be able to afford a property
  • Saving to move: 43% reduce socialising; 36% sell items and 12% shelve family plans
  • Nationwide offers £500 cashback to first-time buyers who complete their mortgage with Society

10 Feb 2022

Nationwide increases support for first-time buyers by extending 'Helping Hand' to those with 5% deposit

  • Society increases maximum Loan-to-Value available through Helping Hand mortgage to 95 per cent
  • Helping Hand enables first-time buyers to borrow up to 5.5x income when taking 5 or 10-year mortgage
  • Affordability boosted by 20% with a couple earning £50,000 able to borrow maximum of £275,000
  • Helping Hand boost comes as affordability continues to be a major housing hurdle for many

05 Jan 2022

Nationwide announces new mortgage rates and changes following Bank Rate increase

  • Society making changes to rates across fixed and tracker mortgage range from 6 January
  • BMR and SMR increasing by 0.15% in line with Bank Rate from 1 February

07 Dec 2021

Nationwide increases maximum LTV to 90% for remortgages

  • Society to allow remortgage lending with additional borrowing at 90% LTV
  • Maximum LTV for further advances and Green Additional Borrowing also increased to 90% LTV

24 Nov 2021

Product update: Five-year fixed mortgages

On Thursday 25 November, Nationwide will be increasing rates on selected five-year fixed rate products up to 85% Loan-to-Value (LTV) by up to 0.20%.

10 Nov 2021

TMW relaunches its range of HMO mortgages

On Thursday 11 November, The Mortgage Works (TMW) is relaunching its range of House of Multiple Occupancy (HMO) mortgages.

10 Nov 2021

Nationwide reintroduces tracker mortgages

On Thursday 11 November, Nationwide will be relaunching its range of two-year tracker mortgages, with rate priced 0.40 per cent below the equivalent two-year fixed rates.

03 Nov 2021

Product update: fixed and tracker mortgages

On Thursday 4 November, Nationwide will be increasing rates on selected two, three and five-year fixed rate products up to 80% Loan-to-Value (LTV) by up to 0.35%.

26 Oct 2021

Product update - fixed rate mortgages

On Wednesday 27 October, Nationwide will be increasing selected two, three and five-year fixed rate products at 60% and 75% LTV by up to 0.07%. 

13 Oct 2021

TMW cuts selected rates by up to 0.50%

On Thursday 14 October, The Mortgage Works (TMW) is reducing selected buy to let rates by up to 0.50%.

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