85% loan to value back with Nationwide

Posted on 28 October 2009 by Drew

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In a welcome sign that the market is continuing to ease, Nationwide is increasing its loan to value on a number of its tracker products to 85%.  This is welcome news for many consumers who have been unable to get on the property ladder due to an insufficient deposit and those who have been unable to move for lack of equity in their current property.  The new products include a 2 year deal at 4.93% and a 3 year deal at 5.03%.  This is certainly the latest development in the overall improvement in the mortgage market which is good news for the nation's borrowers and would be borrowers.

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