Mortgages for homebuyers

Find the right mortgage

Our straight forward, no nonsense mortgages come with no hidden fees and flexible benefits as standard. Fixed, variable or a combination of both, you'll find a mortgage to meet your client's needs.

  • No higher lending charges
  • Competitive product fees for fixed rate and tracker mortgages
  • All products are portable helping your client to move (conditions apply).
  • Flexible features include overpayments and underpayments (conditions apply)
  • All Home Buyer New products are also available to First Time Buyers.

Homebuyer Definitions:

Homemover (New Customers)

  • Applicants moving home and taking a loan on another property

Existing Customer Moving Home

  • An existing Nationwide borrower moving home and taking a new Nationwide loan on another property.
  • For joint applicants, only one applicant needs to have an existing mortgage with Nationwide.
  • An applicant who redeemed a Nationwide mortgage no more than one year ago and has not held another mortgage elsewhere in the interim.

Tracker flexibility

The rate your client pays is directly linked to movements in the Bank of England Base Rate (BBR). Each time the BBR changes, your client's rate will change in time for their next payment (within 1 month). Tracker mortgages allow your clients to take advantage of current low interest rates and are available over a range of mortgage terms.

Switch and Fix

Tracker mortgages offer the option to switch to one of our switcher fixed rate products at any time during the mortgage deal period without paying early repayment charges on the tracker mortgage. This gives your client the confidence of knowing that if interest rates rise causing their payments to increase, they have the option to switch to a switcher fixed rate product at any time, only paying any product fee for the new fixed rate product.

Transparent conditions

  • Overpayments of more that the allowance during your client's product period will incur early repayment charges. View all early repayment charges
  • If the Bank of England Base rate is 0.00% or less during the tracker period, the rate your client pays will be 0.00% plus the agreed set percentage above the Bank of England base rate. This means that the rate your client pays will never go below 0.00% plus the additional percentage rate of their tracker mortgage. This is known as the tracker floor.

Fixed rate security

Fixed rates are a great way to help your client budget their payments and stay in control. Borrowers know exactly what their mortgage will cost every month.

  • Available with or without a product fee on selected products in our range (non-refundable at completion)

Transparent conditions - Fixed & Tracker Mortgages

  • At the end of the fixed or tracker period your client automatically moves to our fully flexible standard mortgage rate (SMR) which has no upper limit or cap.
  • Overpayments of more that the allowance during your client's product period will incur early repayment charges. View all early repayment charges