Property News · September 24, 2024

UK first-time buyers: would you borrow up to six times your earnings for a mortgage?


We would like to hear what you think of Nationwide’s offer to first-time buyers taking out a home loanIn what is a first for a major high street lender, Nationwide, Britain’s biggest building society, is allowing first-time buyers to borrow up to six times their income.From Tuesday, it would give new buyers the option of borrowing up to six times their income when taking out a five- or 10-year fixed rate for up to 95% of the property’s value. Continue reading…

Source : theguardian.com
Read more…UK first-time buyers: would you borrow up to six times your earnings for a mortgage?

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