Latest news

Stamp Duty and New Build financial incentives

On 3 March, the Government announced that the temporary Stamp Duty £500,000 nil rate band exemption in England and Northern Ireland will be extended until 30 June 2021.

NEW £1,499 fee products and selected rate changes

On Wednesday 24 February, we're reducing selected 2 and 5 year fixed rates.

Selected rate changes

From Wednesday 10 February, we're reducing selected 2, 3 and 5 year fixed rates.

Increased maximum term on 90% LTV lending

From Thursday 21 January, we're increasing the maximum loan term at 90% LTV back to 40 years.

Selected rate changes

From Wednesday 13 January, we're reducing selected 2, 3, 5 and 10 year fixed rates and 2 year tracker rates.

Video updates from the team

As we approach the end of the year, it seems appropriate to record and reflect on some of the learnings we've taken from the past few months and discuss the opportunities it has also presented.

Scanned documents

We're able to accept scanned documents for proofs, but did you know there are a range of free scanning apps, such as Adobe Scan* that can also help save you time and improve the accuracy and quality of your case packaging?

Christmas opening hours

Please remember, we’re closed all day on Christmas Eve this year, which includes our admin centres and all our branches. This means that the last day for release of funds and completions before Christmas will be Wednesday 23 December.

Watch our latest economic update

Nationwide's Chief Economist, Robert Gardner, shares his views on the outlook for the UK economy, housing and mortgage markets and interest rates, in this latest economic update video.

Mortgage Solutions news article December 2020

Ian Andrew, Director of Intermediary Relationships talks exclusively to Mortgage Solutions to explain why creating and maintaining strong relationships.

90% LTV mortgages and selected rate changes

We're pleased to confirm that from Tuesday 8 December, house purchase and existing mortgage members looking to move home will now have the same access to 90% LTV mortgages as first time buyers.

Further Advance available from tomorrow

We're pleased to confirm that from tomorrow, Tuesday 1 December, you'll have access to our standard Further Advance range for your clients.

Further Advance for intermediaries

We know how important it is for you to be able to support your clients long term. So, we're pleased to announce that from Tuesday 1 December, you'll have access to our standard Further Advance range for your clients.

Nationwide expands access to 90% LTV to further support the housing market

From the second week of December, the Society will be expanding its lending by making 90% Loan-to-Value (LTV) loans available for house purchase and for existing mortgage members¹ looking to move home, giving them the same access to 90% LTV home loans as first-time buyers.

Selected rate changes

From Wednesday 25 November, we're making reducing selected 2, 3, 5 and 10 year fixed rates and 2 year tracker rates.

Interest Only Home Purchase and Amend Case functionality

We're pleased to confirm that the system updates over the weekend were successful. Please see below for a reminder of these improvements which are now live.

Selected rate changes

From Wednesday 4 November, we're making changes to selected 2, 3, 5 and 10 year fixed rates and 2 year tracker rates.

FTB application improvements and self-employed criteria changes

We remain the largest lender consistently offering 90% mortgages to First Time Buyers (FTB). And we continue to look for ways of providing better service to you, our intermediary partners - which is why, with demand still high, we're making some improvements from Tuesday 27 October.

Quarterly Regional House Price Update

Annual house price growth gathers momentum in September as housing market recovery continues.

Selected rate changes

From Wednesday 7 October, we're increasing selected 2, 3, 5 and 10 year fixed rates and 2 year tracker rates.

Selected rate changes

From Wednesday 30 September, we're increasing selected 2, 3 and 5 year fixed rates and 2 year tracker rates by up to 0.15%.

Selected rate changes

From Tuesday 18 August, we're increasing selected 2, 5 and 10 year fixed rates and 2 year tracker rates by up to 0.50%.

New Homes Ombudsman

New protection for homebuyers is set to become law via a New Homes Ombudsman. The Ombudsman will retain powers to command compensation for poor building work and enforce high building standards.

Coronavirus Job Retention scheme

With the Government's Coronavirus Job Retention scheme ending on 31 October 2020, we've reviewed our current policy and outlined what this means for your clients who have been furloughed.

Selected rate changes

From Tuesday 4 August, we're increasing selected fixed and tracker rates by up to 0.65% and withdrawing 3 year fixed rates for new business.

Selected rate changes

From Wednesday 29 July, we're increasing selected fixed and tracker rates at 85% LTV by up to 0.20%.

Return to 90% LTV - criteria and top tips

Following the news that we have returned to 90% lending for first time buyers, we have made some key amendments to our criteria, and it’s important you've checked this before submitting an application to prevent a possible decline later in the process.

90% LTV product details and selected rate changes

From Thursday 16 July 2020, we're increasing selected 85% LTV rates across most buyer types and Equity Share rates. From Monday 20 July 2020, we're reintroducing 90% LTV products for first time buyers.

Stamp duty and New Build financial incentives

Following the Government's announcement on temporary stamp duty changes from 8 July, we want to let you know how this affects our New Build financial incentives policy and submitted UK Finance Disclosure forms.

Scottish valuations update

Following recent Government announcements and guidelines issued, valuers will be able to carry out physical inspections of properties in Scotland from 29 June where guidelines and safety assessments can be adhered to.

Wales valuations update

Following recent government announcements and guidelines issued, valuers are now permitted to carry out physical inspections of properties in Wales where government guidelines and safety assessments can be adhered to.

Selected rate reductions

From Thursday 18 June we're reducing selected rates at 60% LTV by up to 0.10% for remortgage, existing borrowers moving home and switcher products.

Valuation update

Following recent Government announcements and guidelines issued, valuers are now permitted to carry out physical inspections of properties in Northern Ireland where government guidelines and safety assessments can be adhered to.

Valuations update

We’re on track to complete valuations for applicants or vendors of properties placed on hold for a physical valuation by 12 June.

Selected rate changes

From Thursday 28 May 2020, we're reducing selected switcher rates below 90% LTV by up to 0.25%. We're also reducing selected high fee remortgage rates by 0.05%.

Valuations update

Following recent Government announcements and guidelines issued, valuers are now permitted to carry out physical inspections of properties in England where government guidelines and safety assessments can be adhered to.

Open for business

From Tuesday 12 May, we're pleased to confirm the NFI Case updates phoneline will re-open and be available Monday - Friday, 11am - 3pm.

Selected rate changes

From Wednesday 6 May, we're reducing selected fixed rates at 75-85% LTV for remortgage customers by up to 0.35%, whilst selected tracker rates will be increased by up to 0.15% across most buyer types.

Returning to 85% LTV lending

From Wednesday 22 April, we're increasing the maximum lending for new business from 75% to 85% LTV. We're also changing remortgage product fees up to 60% LTV. And we're reducing switcher rates at 60% LTV with a £999 fee by up to 0.10%.

Interest Only remortgage now available

We're pleased to let you know that from today, Wednesday 8 April, we're launching the option to choose Interest Only (IO) across our remortgage product range.

Valuation updates

We wanted to let you know that we've now updated our guidance on how we're treating valuations during the Coronavirus (COVID-19) outbreak.

Coronavirus - Income criteria changes

We recognise that the Coronavirus (COVID-19) outbreak is having a significant impact on people wanting to either purchase a new home, remortgage or borrow more.

Selected rate changes

From Thursday 2 April 2020, we're increasing selected switcher rates below 90% LTV by up to 0.20%. We're also increasing rates for existing members moving home at 60% LTV by up to 0.15%.

Tracker rates reintroduced

From Wednesday 25 March 2020, we'll be reintroducing our 2 year tracker rates.

Tracker products withdrawn

Yesterday, Thursday 19 March, the Bank of England announced a reduction to the base rate from 0.25% to 0.10%.

Tracker rate changes

From Friday 13 March 2020, all tracker rates will be increased by 0.15% as below.

Changes to selected variable rate mortgages

On Wednesday 11 March, the Bank of England decreased the base rate from 0.75% to 0.25%. Here's how this affects our mortgage rates.

Selected rate changes

From Tuesday 10 March 2020, we're reducing selected fixed rates at 60% LTV by up to 0.15%. We're also amending selected 2 year fixed rates at 95% LTV.

Fire safety and Form (EWS1)

An industry-wide form has been released to assist in the assessment and valuation of flats in multi-storey buildings, or where specific fire safety concerns exist.