{"id":147150,"date":"2024-09-23T20:14:22","date_gmt":"2024-09-23T13:14:22","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nationwide-to-allow-first-time-buyers-to-borrow-six-times-their-earnings\/"},"modified":"2024-09-24T01:01:57","modified_gmt":"2024-09-23T18:01:57","slug":"nationwide-to-allow-first-time-buyers-to-borrow-six-times-their-earnings","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nationwide-to-allow-first-time-buyers-to-borrow-six-times-their-earnings\/","title":{"rendered":"Nationwide to allow first-time buyers to borrow six times their earnings"},"content":{"rendered":"


\nBuilding society ramps up mortgage price war with \u2018gamechanging\u2019 move, and it also cuts ratesBritain\u2019s biggest building society is to let first-time buyers borrow up to six times their earnings in what has been labelled a \u201cgamechanging\u201d move that ramps up the mortgage price war.Weeks after it was announced that the Halifax and Lloyds would allow new buyers to take out loans worth up to 5.5 times their household annual income, Nationwide said it would now go up to six times income \u2013 a first for a major high street lender. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Nationwide to allow first-time buyers to borrow six times their earnings<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Building society ramps up mortgage price war with \u2018gamechanging\u2019 move, and it also cuts ratesBritain\u2019s...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-147150","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Cho","jetpack-related-posts":[{"id":147162,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-first-time-buyers-would-you-borrow-up-to-six-times-your-earnings-for-a-mortgage\/","url_meta":{"origin":147150,"position":0},"title":"UK first-time buyers: would you borrow up to six times your earnings for a mortgage?","date":"September 24, 2024","format":false,"excerpt":"\r We would like to hear what you think of Nationwide\u2019s offer to first-time buyers taking out a home loanIn what is a first for a major high street lender, Nationwide, Britain\u2019s biggest building society, is allowing first-time buyers to borrow up to six times their income.From Tuesday, it would\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146389,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/number-of-agreed-uk-house-sales-over-past-month-up-15-on-2023\/","url_meta":{"origin":147150,"position":1},"title":"Number of agreed UK house sales over past month \u2018up 15% on 2023\u2019","date":"July 15, 2024","format":false,"excerpt":"\r Buyers not fazed by election or Euro 2024, says Rightmove, as \u2018gamechanging\u2019 interest rate cuts anticipatedThe number of agreed house sales over the past month was 15% up on this time last year, according to Rightmove, as buyers anticipate \u201cgamechanging\u201d interest rate cuts they hope could come as early\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11940,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/barclays-offers-0-deposit-mortgage-to-home-buyers\/","url_meta":{"origin":147150,"position":2},"title":"Barclays offers 0% deposit mortgage to home buyers","date":"May 4, 2016","format":false,"excerpt":"\r British high street bank is also increasing the multiple of earnings against which people can borrow on its \u2018family springboard\u2019 mortgageThe no-deposit mortgage has returned, with Barclays removing the need for buyers to put down any deposit when buying a home using its \u201cfamily springboard\u201d mortgage.The deal had previously\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123987,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lender-allows-homebuyers-to-borrow-seven-times-their-salary\/","url_meta":{"origin":147150,"position":3},"title":"Lender allows homebuyers to borrow seven times their salary","date":"December 27, 2021","format":false,"excerpt":"\r Habito\u2019s mortgage terms could revive wider concerns over responsible lending practicesA mortgage lender is letting homebuyers borrow up to seven times their income \u2013 well above the traditional maximum \u2013 which it says will allow some to buy a property they might have assumed was well out of their\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149221,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chichester-least-affordable-area-outside-london-for-first-time-buyers-data-shows\/","url_meta":{"origin":147150,"position":4},"title":"Chichester least affordable area outside London for first-time buyers, data shows","date":"January 24, 2025","format":false,"excerpt":"\r Homes in the city cost 8.5 times the annual earnings of the typical full-time worker, Nationwide saysChichester is the least affordable area outside London for first-time buyers to get on the property ladder, with homes in the cathedral city costing an average of 8.5 times the annual earnings of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":160930,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-lender-offers-98-mortgage-to-first-time-buyers-but-bars-bank-of-mum-and-dad\/","url_meta":{"origin":147150,"position":5},"title":"UK lender offers 98% mortgage to first-time buyers \u2013 but bars bank of mum and dad","date":"September 13, 2025","format":false,"excerpt":"\r Newcastle building society aims for those with smaller deposits and no help hoping to get on to housing ladderFirst-time buyers are being offered the chance to borrow up to 98% of the price of a property \u2013 but they cannot get help with their deposit from the bank of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/147150"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=147150"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/147150\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=147150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=147150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=147150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}