This month saw Nationwide Building Society launch a range of self-funded 95% mortgages, its first since 2008. (That is to say the limited 95% loans offered recently have been insured and backed by the Government Help to Buy 2 scheme).
In the past when lenders have launched 95% deals, you get the impression it’s for the headlines, rather than the actual lending. We have found that even the best customers in highly paid jobs have failed to pass the 95% score, and are offered a 90% deal instead.
Early signs however show that this doesn’t seem to be the case with Nationwide as Mortgage Required have submitted a number of successful 95% applications during September.
The products start at 3.99% which is extremely competitive and first-time buyers also receive £500 cashback when they move.
The lender says it has earmarked an additional £1bn in lending for the range over the next year, which firmly endorses their willingness to lend at this level.
Nationwide join The Principality, Santander, TSB, Woolwich, Clydesdale, Virgin, Accord and Halifax in this sector which shows lender confidence returning to the riskier end of the lending mortgage market.
For more information contact us or call 01628 507477 to speak to a mortgage adviser.
Recent posts
UK Housing Market Round-Up: 2025
Yesterday
Property search site Zoopla has estimated that the UK housing market will end 2025 with approximately 1.15 million completed sales – 4.5% more than the previous year.
Take a look at the 2025 summary of the UK housing market.
Best UK Mortgage Rates this Week
Yesterday
Here are the lowest fixed mortgage rates of the week, available to first-time buyers, home movers, buy-to-let, and those remortgaging.
Call us for more information: 01628 507477 or email: team@mortgagerequired.com.
Buying in the New Year
2 days ago
If buying your first property, or moving home, is on your to-do list this year, the new year can be a great time to take this big step. In this short blog, we look at what you need to consider as you plan and prepare for your home-buying journey.
Just because the Bank of England decides to reduce the base rate, this doesn't automatically mean that your mortgage rate will go down.
Autumn Budget 2025: A Summary
26 Nov 2025
Chancellor, Rachel Reeves, has delivered the Autumn 2025 budget. We have summarised the government's plans for tax and spending.
Renters' Rights Act
14 Nov 2025
The Renter’s Rights Bill became law at the end of October, which means it has been signed off by the King, and it is now the Renters’ Rights Act. Despite this becoming law, these changes are likely to start changing within the next six months, with the aim of being fully implemented throughout 2026 and into 2027.
A welcome change in school is coming as financial literacy is due to become compulsory in schools in England.
The Government has announced that as part of the new national curriculum, children in primary and secondary education will be required to learn about budgeting, compound interest, managing money, and mortgages.
The top 10 most beautiful villages in the world
24 Oct 2025
Forbes has published a global ranking of stunning locations and one popular picturesque corner of the UK has nabbed top spot.
More information
Trusted by
