We're pleased to confirm that in addition to our newly introduced Helping Hand enhanced affordability and our new Green products, we've also made some additional system enhancements. These improvements are summarised below and are now live: Switching with additional borrowing If your client already has a mortgage with Nationwide, you are now able to [...]

On Saturday 1 May, we’re making the following changes to our product range: Remortgage (REM) Rate reductions of up to 0.06% and increases of up to 0.21% on selected REM products. Further information Please click Find out more to access the Product Rate Guide which has been updated with the changes The product search [...]

Good news, due to changes in our funding structure we are now able to offer new market leading bridging rates. Our Premier Plus product is designed to be more cost effective for the more vanilla type bridging loans and going out to all our partner networks. Rates are from just 0.49% pm and it [...]

TSB has introduced some new Buy to Let products and made various rate improvements. New Buy to Let House Purchase and Remortgage products: 5 Year Fixed (3 Year ERC), 0-75% LTV. 2 Year Tracker (With no ERC) 0-60% LTV. Rates reduced on 2 and 5 Year Fixed (5 Year ERC) 0-60% LTV, with £0 fee, House Purchase and Remortgage  by 0.25%. You’ll find the new product guide attached which is [...]

The current climate may have made prospective first-time buyers think about leaving home, changing their current living situation and stepping onto the property ladder. To support this potential uplift in new residential business coming your way, I’m delighted to announce that Kent Reliance for Intermediaries have re-introduced the 95% and 100% Market Share Value, Shared [...]

We’ve made the following changes to our product range: First time buyer (FTB) and homemover (HMV) Introduction of 2 and 5 year 95% loan to value (LTV) FTB and HMV products; Selected rate reductions of up to 0.35% across 0-60% LTV 2, 3 and 5 year fixed rate FTB and HMV products; Withdrawal of 2 [...]

Short term mortgage to remodel 2 separate flats into 1 high end home. The facts at a glance... 4 bedroom detached London home; Property split into two flats by vendor; Borrowers planning to return to a single home through interior remodelling and move in; 80% LTV of £1.575m purchase price; Part repayment/ part interest only [...]

A number of your customers may have found themselves in an uncomfortable financial position before the pandemic and even more so now which may have led to a fragile credit profile. Securing finance from a High Street lender will be extremely hard and that’s why we’ve updated our credit policy to further support self-employed borrowers [...]

We are introducing a new credit decision engine that will initially be available exclusively for brokers from 26th April. There will be many benefits for customers who choose a NatWest mortgage via an intermediary, including that there will be no hard footprint left at the Agreement in Principle (AiP) stage and no limit to the [...]

We're pleased to let you know we've improved our income criteria and will be accepting bonus, overtime and commission as part of your client's mortgage affordability calculation. The income criteria page and affordability calculator have been updated to reflect these changes. Find out more here.