Product news

• Rate reductions of up to 0.25 percentage points for new and existing customers
• First-time buyers, home movers and those looking to remortgage and switch all benefit from these cuts
• Nationwide offering sub-4% rates to all borrower types
• Nationwide offering new and existing customers looking to move home market-leading rate of 3.64%

• Substantial enhancement of Interest Only offering, including increasing max LTV for part and part to 85%
• Expanded range of repayment plans accepted, including use of savings, investments and pension funds
• Interest Only borrowing now also available for first-time buyers

The Mortgage Works is today (Monday 27 October) making a number of enhancements to its application process as it continues to respond to broker feedback, particularly on limited company borrowing.

• Nationwide launches Enhanced and Essentials Home insurance - rated 5 Star and 3 Star by Defaqto
• Provided by Aviva - Nationwide’s new underwriting partner
• The two levels of cover give customers choice on amount of cover and premium

The Mortgage Works is tomorrow (Wednesday 8 October) introducing new products to its range as it continues to cater to the ever-growing limited company buy-to-let market.

• Research reveals shift in DIY attitudes as younger generations know less, spend more and get things finished
• All generations in agreement that DIY knowledge and skills haven’t been passed down to younger people
• Just 9% of Gen Z have bled a radiator compared to 53% of Baby Boomers
• Gen Z leave jobs unfinished for 3-4 months on average - this jumps to 11 months for Baby Boomers
• YouTube the most popular source of DIY tips but Gen Z turn to TikTok and Millennials use Facebook & Instagram

Nationwide is today pleased to announce the appointment of Damian Thompson as its new Director of Mortgage Intermediaries and Partnerships – effective from Wednesday, 1 October.

• Rate reductions of up to 0.18 percentage points on selected products for new and existing customers
• First-time buyers and those looking to buy a new home will particularly benefit from these latest cuts
• Nationwide's lowest rate now stands at 3.80%

The Mortgage Works is tomorrow (Thursday 18 September) cutting rates on selected two and five-year fixed rate products across its mortgage range for new and existing customers.

The Mortgage Works will be reducing rates by up to 0.25 percentage points across selected limited company buy-to-let and HMO products for existing customers. The new rates will be effective from tomorrow, Friday 15 August.