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The Independent UK
The Independent UK
Business
Vicky Shaw

Nationwide remortgage customers may be able to borrow more following change

Nationwide

Homeowners looking for a new five- or 10-year mortgage deal may benefit from enhanced affordability, enabling them to borrow more, Nationwide Building Society has announced.

Nationwide said it will apply a different affordability calculation when eligible remortgage applicants take out a five- or 10-year fixed-rate product – which may enable them to borrow more.

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