US EditionMore mortgage customers can now borrow up to six times income, says Nationwide
Nationwide raises borrowing limits by up to £50,000 after regulatory changes, supporting a 57% rise in high loan-to-income mortgages in 2025, the lender said.
- Nationwide Building Society announced it will lend up to six times income to home movers and customers remortgaging, up to 95% loan-to-value , extending high loan-to-income lending beyond first-time buyers.
- Regulatory changes last year unlocked wider lending, prompting Nationwide's 57% increase in 2025 first-time buyer mortgages at or above five times income and a five-fold rise borrowing between 5.5 and six times income.
- To qualify, new customers must have minimum annual incomes of 75,000 for sole applicants or 100,000 for joint applications, with borrowing limits increasing from 412,500 to 450,000 and 550,000 to 600,000 respectively.
- Helping Hand remains available only to first-time buyers, while the announcement means Nationwide extends six times income support to home movers and remortgagers, targeting borrowers limited by income multiples.
- With the right advice, borrowers can use Nationwide's 6.5 times income up to 95% LTV flexibility to move sooner, securing deals that meet immediate and long-term needs as mortgage advisers adapt.
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Nationwide Building Society says mortgage customers can now borrow up to six times income
Nationwide Building Society has broadened its high loan-to-income mortgage offering, enabling home movers and remortgage customers to access borrowing worth up to six times their annual earnings.They confirmed that both new and existing customers looking to relocate or switch their mortgage deal can now benefit from the enhanced lending terms.This expansion follows regulatory adjustments introduced last year that have opened the door for lenders…
Nationwide extends 6x income lending to homemovers and remortgage
Nationwide has extended its high loan-to-income (LTI) lending to home movers and customers remortgaging. The change will see Nationwide lend up to six times income to both new and existing customers moving home or remortgaging up to 95% loan to value (LTV). To qualify for… The post Nationwide extends 6x income lending to homemovers and remortgage appeared first on Mortgage Finance Gazette.
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