Dedicated New Build Support
If you need help with lending criteria for new build mortgage applications, you can talk to our dedicated New Build Support team. They’re on hand to answer your questions about:
- New or urgent cases
- Help with any technical enquiries
- Half-year/year end support
- Sites nearing exposure limits
The team’s available from 9.30am-6pm Mondays and 9am-6pm Tuesday-Friday (except bank holidays). Feel free to contact them on:
Tel: 0800 085 2245
Find out how we're committed to supporting the New Build market in our latest video update.
New Build closed sites
Before you apply, please view our closed site/exposure list which shows which sites have been closed to Nationwide lending after being assessed by a valuer.
Maximum loan to value (LTV) for New Builds
|Maximum LTV||Maximum loan|
|New Build flats||75% LTV||£1,000,000|
|New Build houses||80% LTV||£1,000,000|
Please ensure you check the product finder for the current rates.
How to key a New Build case
New Build applications can be submitted via NFI Online and MTE.
If you're submitting a Help to Buy application, you'll need to key the case as a Equity Share Loan. Download our Equity Share Loan keying guide for more help.
Following the launch of the new UKF Disclosure form, we're currently accepting both new and existing forms. If the existing form is used we'll also need the following information: Construction, Tenure Details, Warranty Type and Estate Charges. Please see our guidance for builders which you can share with your client’s builders.
New Build definition This will reveal additional content
Offer extensions This will reveal additional content
Acceptable incentives This will reveal additional content
Acceptable building guarantees This will reveal additional content
Leasehold terms and ground rent This will reveal additional content
Valuations This will reveal additional content
Escalations process This will reveal additional content