Nationwide Helping Hand Mortgage - A Big Help for First-Time Buyers

When it comes to affordability, many first time buyers are struggling to keep up with the increasing cost of living and house prices. Nationwide are giving first time buyers a helping hand with their affordability by offering eligible customers the option of borrowing a higher loan amount when taking a 5 or 10 year fixed rate product with them.

What is Nationwide's Helping Hand Mortgage?

Many lenders will cap borrowing at around 4.5 times your annual income, however Nationwide's Helping Hand increases that to six times your annual income allowing you to potentially borrow a lot more now than before. The main criteria is:

• 1. Single applicants need to earn a minimum of £30,000 OR joint applicants need to be earning a combined income of £50,000.
• 2. Minimum 5% deposit (95% Loan to value)
• 3. Borrowing up to £750,000
• 4. Only available on 5 and 10 year fixed rates
• 5. No self employed income for either applicants

If you are unsure if you are eligible, we can find out for you and be your helping hand! There for you from your very first appointment!