Here is the latest update from Nationwide Building Society. For full details see their latest product information here. Access these product via our direct to lender mortgage club and get the benefits of payment on completion.
Rate changes
From tomorrow, Wednesday 26 April, we’re increasing selected fixed rates for new members moving home and First Time Buyers by up to 0.25%.
We’ll also be increasing fixed and tracker rates for new members looking to remortgage up to 85% LTV by up to 0.45%.
There are no changes to any existing customer rates as part of this update.
Visit our website for more details or download our product guide below.
Self-employed applications
We’ll now lend up to 4.49x loan-to-income (LTI) for self-employed clients remortgaging or purchasing a new property. This change applies to all new applications submitted from today, Thursday 27 April.
For more information on our self-employed criteria visit our website.