First Time Buyer Mortgage That Gives You 5.5 Times YOUR INCOME! Nationwide 'Helping Hand' Mortgage!

First Time Buyer Mortgage That Gives You 5.5 Times YOUR INCOME! Nationwide 'Helping Hand' Mortgage!

In this video I talk about the new Nationwide Building Society scheme that promises to give first time home buyers a 90% LTV mortgage - PLUS the mortgage will be based on 5.5 times your salary! This is huge and will definitely boost a lot of people's affordability; especially in comparison to the maximum of 4.5 times salary mortgages available elsewhere on the market.

In this video I break down the Good VS the not so Good about this mortgage, in order to give you a more balanced picture and help you decide if this product is for you or not!

Mentioned in this video:
The Guardian Article - https://www.theguardian.com/money/2021/apr/20/nationwide-first-time-buyers-building-society-loans-earnings

Mortgage Finance Gazette Article - https://www.mortgagefinancegazette.com/lending-news/nationwide-tackles-first-time-buyer-affordability-hurdle-helping-hand-mortgage-20-04-2021/#:~:text=Nationwide%20is%20launching%20a%20new,deal%20with%20the%20building%20society.

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Видео First Time Buyer Mortgage That Gives You 5.5 Times YOUR INCOME! Nationwide 'Helping Hand' Mortgage! канала Abigael Aremu