Product news
01 Jul 2025
Nationwide cuts mortgage rates for first time buyers, new and existing customers
- For first time buyers, rates start from 3.94%
- For new and existing customers moving, rates start from 3.81%
24 Jun 2025
Nationwide gives new builds a helping hand
- Nationwide to increase maximum loan-to-value on new build houses to 95% LTV, including for first-time buyers
- Nationwide largest lender to offer up to 6 times’ income, and 95% LTV on new build houses via Helping Hand scheme
- Maximum LTV on new build flats to be increased to 85% LTV
- Mortgage offers on new builds will be extended to nine months – providing more certainty and flexibility for borrowers
- Nationwide calls for an increase to the limit on high loan-to-income lending to help 10k more first-time buyers
11 Jun 2025
The Mortgage Works boosts support for landlords by reducing affordability stress rate
From today, The Mortgage Works is helping landlords to potentially borrow more by reducing its stress rate by 0.50% on new buy-to-let applications up to 65 per cent loan to value for:
- Five-year fixed rate terms, or
- Like for like remortgage (all fixed product terms)
04 Jun 2025
Nationwide cuts mortgage rates for new and existing customers
- For new and existing customers moving, rates start from 3.90%
15 May 2025
Boost for borrowers as Nationwide reduces affordability stress rates
- Reduction in stress rates following FCA’s rule clarification allows applicants to borrow on average £28k more
- Change provides boost for all buyer types, notably for remortgage, making it easier to move to Nationwide
- Stress rates also cut for Helping Hand, helping more first-time buyers borrow up to six times income
- Comes as Nationwide continues to push for review of the Bank of England’s Financial Policy Committee Loan-to-Income flow limit to unlock the full potential of the rule clarification
09 May 2025
The Mortgage Works again cuts buy-to-let and limited company mortgage rates
The Mortgage Works will again be cutting rates on selected buy-to-let and limited company products for new and existing customers by up to 0.30 percentage points. The new rates will be effective from tomorrow, Saturday 10 April.
08 May 2025
Nationwide cuts rates for new and existing customers looking for a new mortgage deal with rates starting from 3.84%
- Nationwide reducing rates for existing customers switching to a new deal or new customers remortgaging by up to 0.22 percentage points
- Nationwide offers 3.84% for new customers looking to remortgage, with a £1,499 fee
- Switcher rates for existing customers start from 3.84% but with a £999 fee
- All Nationwide’s tracker rates will see a reduction of 0.25 percentage points following the reduction to Bank Rate
- Follows rate cuts made across the mortgage range on Wednesday
06 May 2025
Nationwide cuts mortgage rates again including sub-4% for first-time buyers
- Nationwide cutting rates by up to 0.30 percentage points
- For new and existing customers looking to move home, rates start from 3.84%
- Nationwide offering sub-4% first-time buyer rates for first time since September 2024
24 Apr 2025
Nationwide cuts remortgage and switcher rates
- Nationwide reducing rates for existing customers switching to a new deal or new customers remortgaging by up to 0.29 percentage points
- Nationwide offers market-leading 3.94% rate for new customers looking to remortgage, with a £1,499 fee
- Switcher rates for existing customers start from 3.94% but with a £999 fee
- Follows earlier rate cuts for first-time buyers and home movers on Wednesday
22 Apr 2025
Nationwide cuts rates for first-time buyers and home movers
- Nationwide cutting rates by up to 0.25 percentage points
- For new and existing customers looking to move home, rates start from 3.89%
- Rates starting from 4.09% for first-time buyers
22 Apr 2025
The Mortgage Works boosts support for limited company landlords
The Mortgage Works has boosted its support for limited company landlords by removing the need for all mortgage applicants to be directors.
16 Apr 2025
The Mortgage Works cuts rates and launches new cashback mortgage range for limited companies
The Mortgage Works is tomorrow (Thursday 17 April) cutting rates on selected two and five-year fixed rate products across its mortgage range.