Don’t miss: Affordability improvements for your like-for-like remortgage clients.
Your clients looking to remortgage with no additional borrowing could now benefit from a lower stress rate.
We’ll continue to lend up to 90% of the value of their home. And product fees of up to £1,000 can be added to the loan.
For more information click here.
Hot topic: New Year, New Build?
Hear from Andy Dean, Head of Intermediary Support and New Build, and Gary Epps, Chief Valuer, who offer valuable insight into the New Build Valuation process and discuss how Nationwide support the sector.
Play the video here.
Recommended: We’ve updated our unacceptable sources of deposit
We’ll no longer accept funds from children under the age of 18. This includes funds from any joint accounts where a child is one of the account holders (e.g. where the applicant is a trustee/beneficiary).
View unacceptable sources of deposit here.
Special report: 2010’s weakest decade for house price growth since 1990s
- House prices up 33% in 10s vs 180% in 80s;
- London top performer in 2010s with house prices rising twice as fast as UK average;
- Low interest rates have helped support affordability through the decade;
- High house price to earnings ratio make deposit a major barrier for first time buyers.
Download the decades special report here.