First time buyers can borrow six times income under major lenders shake up
Britain’s biggest building society will lend first-time buyers up to six times their income, increase the maximum amount that people can borrow and cut some mortgage rates from Tuesday. Nationwide Building Society will increase the maximum loan-to-income (LTI) ratio through its Helping Hand mortgage range from Tuesday. The mortgage will give people with a deposit as low as 5% the option of borrowing up to six times their income when […]