On Tuesday 24 September 2024, we'll be making changes to:
Helping Hand Loan to Income
The maximum Loan to Income is being increased from its current 5.5x to 6x, which, compared to standard borrowing at 4.5x income, means we are helping First Time Buyers borrow up to 33% more.
Maximum Loan Size
The maximum loan size for 2 and 5 Year fixed and 2 year tracker rates will be increasing at selected LTV bands. These are as follows:
- Between 75% and 85%, increased from £1.5m to £2m.
- Between 85% and 90%, increased from £750k to £1m.
- Between 90% and 95%, increased from £500k to £750k.
Fixed rates
We'll also be reducing selected fixed rates across our product ranges.
To secure a lower rate on a new business case that you’ve already submitted, use the ‘Amend case’ option in NFI Online. For switcher cases, follow the instructions on our Rate Switch page.
Full details of the rate changes below.
New business
Existing business
