What Are the Latest Nationwide Mortgage Rates?
As a competitive leading-lender, Nationwide have, as of February 2025, actively reduced their selected rates by up to 0.33%, with rates now starting from 4.09%. However, working out the exact mortgage rates for your specific mortgage can be difficult. Mortgage and interest rates are dependent on a number of factors, such as your loan-to-value (LTV), income, credit score, and the rates themselves can change frequently.
Working with a trusted, whole-of-market broker – like Boon Brokers – can give you up-to-date information on mortgage rates and available mortgage products, from Nationwide and other leading lenders. In fact, whether you’re looking for a new mortgage, a remortgage, or home move offers, we can compare the mortgage market to find the best product for you.
How Much Can I Borrow with a Nationwide Mortgage?
Similar to other leading-lenders, Nationwide will determine your mortgage borrowing amount based on your affordability assessment. This will include looking at your base income, credit history, and proposed loan-to-value ratio. Generally, Nationwide may lend anywhere up to 4.75 times your gross salary, however, this could be less depending on your financial standing.
If you need help finding lenders with the most loan amounts available, Boon Brokers is here to help. We work with a host of leading lenders and can compare your Nationwide mortgage offer with the rest of the mortgage market. Our experts will help assess your affordability and actively find you the best deal tailored to your needs.
Will Nationwide Offer a Mortgage in Principle?
Nationwide may decide to offer you a Mortgage Agreement in Principle (AIP). This is to help provide you with an indication of how much Nationwide would be willing to lend. The application process for an AIP would include a soft credit check along with proof of income, outgoings, and employment. Obtaining an AIP is a great place to start, and can provide you with a clear ball-park figure in which you can use to look for properties within that range.
At Boon Brokers, we can help you secure an AIP to start you on your search for your ideal property. We simplify the entire process of securing an AIP, and will handle the application for you.
Why Use a Mortgage Broker for Your Nationwide Mortgage?
Here at Boon Brokers, we work with leading lenders like Nationwide to help our clients secure the best possible mortgage deal for their needs. As a trusted whole-of-market broker, we have access to over 90 UK lenders with a variety of mortgage products and rates. We can talk to you, get to know your needs and financial circumstances to then compare and secure the mortgage deal that matches your circumstances – completely fee-free.
