Best UK mortgage deals of the week, 17 July.
Read MoreMortgage rate war heats up with Barclays dropping to 3.75%
Tag: Nationwide
First-time buyers on £30k salary now able to apply for mortgage
First-time buyers will be able to apply for a mortgage with just a £30,000 salary with Nationwide (NBS.L) as the government and Bank of England push for more relaxed lending rules.
Read MoreNationwide cuts mortgage rates for first time buyers, new and existing customers
For first time buyers, rates start from 3.94%
For new and existing customers moving, rates start from 3.81%
Can you spot a mortgage red flag? New Rightmove tool lets buyers check if a bank is likely to lend on a home
Banks refuse loans on homes with short leases and above shops, for example.
Read MoreBarclays, HSBC and Nationwide reduce mortgage rates after Bank of England interest cut – see the full list
Read on to find out when your mortgage lender will reduce its rates.
Read MoreRegulators to consult over mortgage 4.5 times salary LTI threshold
Regulators will consult over raising the loan-to-income flow limit threshold in mortgage lending.
Read MoreLandlord cash buyers remain active in the buy-to-let sector
With rental yields hitting a 13-year high for UK buy-to-let, the sector continues to secure strong returns for landlords. In particular, those with lower levels of borrowing will have felt the gains to a greater extent as average mortgage rates remain higher than pre-2022.
Read MoreNationwide: Buy-to-let market is ‘gradually recovering’
Extra Stamp Duty charges could have an impact on both mortgaged and cash purchases by landlords, Nationwide claims.
Read MoreFive lenders now offer mortgage rates below 4% after major high street name announces cuts
One of Britain’s biggest lenders is dropping its lowest mortgage rates to below 4 per cent from tomorrow.
Read MoreNationwide calls on government to relax mortgage affordability rules
Nationwide has called on the government to relax mortgage affordability rules to boost first-time buyer lending.
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