Nationwide ups LTV for interest-only and foreign nationals

Nationwide increases maximum LTV available for new interest only borrowing and for foreign national applications - IFA Magazine

Nationwide has announced that it is making two changes to its mortgage criteria as it looks to increase its support for more borrowers. Interest Only: Nationwide is increasing the maximum loan-to-value (LTV) available for customers requiring new Interest Only lending to 75% (up from the current maximum of 60%). All other eligibility criteria, including minimum equity requirements, remain the same. Foreign Nationals: At the same time, Foreign Nat…

Nationwide increases maximum LTV for new interest only and foreign national mortgages - The Intermediary - Latest UK mortgage news

Nationwide has increased the maximum loan-to-value (LTV) for new interest only borrowing to 75%, up from 60%, and raised the LTV cap for foreign nationals without indefinite leave to remain in the UK to 85%. The mutual said the changes, which take effect today (17th March), would increase its support for borrowers. For new interest only borrowing, Nationwide has raised the LTV limit to 75% while keeping all other eligibility criteria unchanged, …

Nationwide lifts loan sizes, Clydesdale trims rates – Mortgage Strategy

Nationwide has made two changes to its mortgage criteria as it looks to increase its support for more borrowers, while Clydesdale Bank has reduced rates on some exclusives and professional products. Nationwide is increasing the maximum loan-to-value (LTV) available for customers requiring new interest only lending to

Nationwide ups LTV for interest-only and foreign nationals

Nationwide has increased the maximum loan to value (LTV) available for new interest-only borrowing and foreign national applications. The post Nationwide ups LTV for interest-only and foreign nationals appeared first on Mortgage Solutions.

Nationwide increases maximum loan-to-value available for new interest only borrowing and for foreign national applications

Nationwide is today (Monday 17 March) making two changes to its mortgage criteria as it looks to increase its support for more borrowers.