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6 Times Income Multiples for First Time Buyers

 

Nationwide lowers income thresholds for six-times mortgage boost

Nationwide will now offer its Helping Hand mortgage to first-time buyers on lower incomes, following recent regulatory changes.

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One of our Top Lenders are saying…

  No Deposit Needed for Excising Renters.   Here’s what you need to know: Up to 100% LTV mortgages for current or recent renters, aged 21+, who have paid all rent for 12 months in a row, within the last 18 months, and who haven't owned a property in the UK in the last 3 years. Deposit of less than 5% considered, even if it’s gifted. Max term 40 years. Max LTI 4.49. Monthly payments up to 120% of current rent (calculated as a mean average over the last 6 months) in some cases. Now available with a delayed start feature - your clients can delay mortgage repayments for up to the first three months (1, 2 or 3 months - depending on the product chosen) after completion. Interest will accrue from day one.
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