News

• First major lender to offer first-time buyers ability to borrow 5.5 times salary up to 90% LTV
• New Helping Hand option to enable homeownership for many who have been frozen out
• Nationwide makes £1 billion available for lending on higher loan-to-income mortgages
• Last ten years saw average first-time buyer property prices jump 41%, while income rose 18%
• Move marks next step in Society’s plan to support those looking for a home of their own

• Rate of 0.75% on Green Additional Borrowing across all LTV tiers up to max 85% LTV
• Available for borrowing of up to £25,000 for a range of sustainable home improvements
• Nationwide to begin offering its Green Additional Borrowing to brokers in the coming weeks
• Case study: Amy Brierley of Bolton borrowed £25k to make her home more energy efficient
• Rates reduced as Society leads way on greening of UK homes

On Thursday 18 March, Nationwide is reducing rates on selected mortgages across its range, including for first-time buyers, by up to 0.25 percentage points.

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