Tuesday, 14 October 2008

Nationwide withdraw mortgage products

Nationwide have confirmed more credit tightening

Mortgage brokers - all products at 85% Loan to Value (LTV) or less

In branch or direct

First time buyers - maximum 90% LTV 2 deals available

Remortgage, homemovers - maximum 85% LTV

existing customers moving home - SVR at 95% LTV, 2 deals at 90% LTV

Must e-mail SKY to persuade them to ask Fionnuala Earley of Nationwide how this affects mortgage availability.

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