Home mover

We're here to help your clients get moving. So, we now offer great mortgage deals on products up to 95% LTV for new home movers, outside of any current or existing government schemes.

Our range of handy calculators can also help you and your client:

• get an indication of how much your client could borrow
• estimate what your client’s current home could be worth.

Remember, our home mover mortgages:

• start from 5% deposit products, outside of any current or existing government schemes
• have no standard valuation fees
• come with great benefits such as overpayment allowances
• are fully portable helping your client to move again in the future
• are true term products, meaning the deal period starts on your client’s completion date.

Extra help with affordability for home movers

Depending on your client’s circumstances, we may be able to lend more when you choose a 5-10 year fixed rate mortgage.

• House Purchase (Home Movers) clients
• Employed or self employed
• Minimum income of £40k for a sole applicant or £70k for joint applicants.

Meeting the criteria doesn’t mean we’ll always be able to offer extra help

We won’t accept:

• Applications in conjunction with any Scheme or Non-Standard Ownership type (such as Shared Ownership or Right to Buy)
• Interest only
• Porting
• Applications for second properties. This includes holiday homes, dependent relative or for work reasons. Extra help will only be available if:
• an existing property remains in the background and
• the new property will be the main residence.

Next steps

• If the affordability calculator result for your client says we might be able to lend more with a 5 or 10 year fixed rate, log in to NFI Online to complete a Decision in Principle (DIP)
• In the DIP, choose a Fixed Rate (5 years or more) on the ‘Product Type’ question in Loan Requirements
• If you key a DIP on a standard lending basis but this is unaffordable, you’ll have the option to resubmit on a 5 or 10 year fixed rate.
  
   

New customers moving home

• Applicants moving home and taking a loan on another property

Existing Nationwide borrower moving home

• An existing Nationwide borrower moving home and taking a new Nationwide loan on another property
• For joint applicants, only one applicant needs to have an existing mortgage with Nationwide
• An applicant who redeemed a Nationwide mortgage no more than one year ago and has not held another mortgage elsewhere in the interim

Existing Nationwide borrower moving home and porting their mortgage

• An existing Nationwide borrower moving home and porting their Nationwide loan to another property