Nationwide offering large mortgage loans at 4.75 times income
Nationwide for Intermediaries is one of the more generous lenders offering both leading fee free large mortgage loans and generous income multiples.
The lender allows applicants to borrow up to 4.75 times both single and joint incomes when applying for a mortgage. This is considerably more than many of the other high street banks and building societies.
Aaron Strutt, product manager at Trinity Financial, says: “Mortgage affordability plays a large part of the application process and some of the other banks and building societies are more conservative than Nationwide.”
The lender has one of the most competitively priced two-year fixed rates at 2.49% and it is available for mortgages between £25,000 and £2 million. The APR is 3.8%. Borrowers will need a 40% deposit to qualify and it does not have an arrangement fee. After the fixed rate period, the mortgage reverts to the lender’s standard variable rate, currently 3.99%.
If you would like help to secure a large mortgage loan, call Trinity Financial on 020 7016 0790.
Get started today
Speak to one of our mortgage experts. Book an appointment to come and see us or request one of our experts to call you.
