New 10% overpayment allowance

And Help to Buy Equity Loan scheme for clients with a 5% deposit

Supporting the Help to Buy Equity Loan scheme

From 29 May 2013, our existing range of home buyer products will be made available for Help to Buy clients with a 5% deposit.

Check our Help to Buy Equity Loan lending criteria to see if your clients are eligible.

Download the new product guide to see the whole range

New 10% overpayment allowance

From 29 May 2013 we'll be making the following changes to our mortgage overpayment allowance:

  • All mortgages reserved from 29 May 2013 will allow your client to overpay by up to 10% every year before they incur an early repayment charge.
  • Your client can benefit from their annual overpayment allowance being based on their original loan amount (minus any administration fees), and not their reducing balance.
  • There will be no changes to the existing overpayment allowance for products reserved before this date.
  • For full details of these changes, visit our overpayments page

Existing products

You can reserve existing products through NFI Online or NFI MTE until 5.00pm on 28 May 2013. Paper applications must be faxed to 01604 852 879 before 5.00pm, or posted to the address below with a postmark of no later than 28 May 2013.

Northampton Service Centre (IPA)
Kings Park Road
Moulton Road