Product news

Nationwide is today pleased to announce the appointment of Kim Dickinson as its new Lead Product Manager for Intermediaries, further strengthening its intermediary relationships team at a time of continued focus on supporting the broker community.

The Mortgage Works will be reducing rates by up to 0.25 percentage points across selected buy-to-let and limited company buy-to-let products for existing customers. The new rates will be effective from tomorrow, Saturday 27 June.

The Mortgage Works is cutting rates (effective from tomorrow, Friday 26 June) by up to 0.25 percentage points on selected one, two and five-year fixed rate products. This is the third time that The Mortgage Works has cut rates for customers this month.

• Reductions for new and existing customers across first-time buyer, home mover, remortgage and switcher ranges
• Third time that Nationwide has cut mortgage rates in June
• Nationwide’s lowest fixed rate now 4.19% for new and existing customers looking to move home

• Free assessments with Eco Approach to help landlords identify what improvements need to be done
• The Mortgage Works launches new Further Advance products with discounted rates to help finance costs
• Two and five-year products available; both at 2.99% – around 2% cheaper than standard further advances
• Comes as research shows landlords would welcome help understanding what to do and how to finance it
• The Mortgage Works’ latest report suggests green improvements can add value & enhance landlord returns

The Mortgage Works is, from tomorrow (Wednesday 17 June), cutting rates by up to 0.26 percentage points on selected two, three and five-year fixed rate products for new and existing customers.

• Reductions of up to 0.28 percentage points across first-time buyer, home mover and remortgage ranges
• Nationwide’s lowest rate now 4.29% for new and existing customers looking to move home

• Nationwide all but completes Fairer Share payments in first day of rollout
• Around 4.4m eligible members with a current account and qualifying savings or mortgage receive £100
• Nationwide research shows how Brits would spend £100: 16% on a big food shop, 13% saving for a holiday and 13% setting it aside for holiday spending money

• Reductions of up to 0.12 percentage points for existing customers switching to a new deal, with rates starting from 4.56%

The Mortgage Works is from tomorrow (Thursday 28 May) introducing new two-year tracker products to its buy-to-let range as well as cutting rates on selected two, three and five-year fixed rate products for new and existing customers.

The Mortgage Works is from tomorrow (Wednesday 13 May) cutting rates by up to 0.20 percentage points on selected one, two and five-year fixed rate products across its mortgage range for new and existing customers as well as introducing new products to its buy-to-let range.

• 66% of first-time buyers bought a cheaper home because it needed DIY or renovation work done.
• Many choosing a ‘fixer-upper’ were able to buy in their preferred location, add value and put their stamp on it.
• DIY almost mandatory among first-time buyers, with 93% completing at least one project since moving in.
• But three quarters of first-time buyers have carried out more work than they expected at the outset.
• Nationwide’s recent ‘What Adds Value’ report reveals extensions or loft conversions can add up to 24% value.
• By borrowing more through Nationwide’s Helping Hand mortgage boost, Louis from Essex was able to keep money back from deposit to finance renovation costs.