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Evening Standard
Evening Standard
Vicky Shaw

Nationwide sees 53% jump in first-time buyers using its Helping Hand mortgage

Between October 2024 and September 2025, about 23,000 people climbed onto the property ladder using Nationwide’s Helping Hand mortgage (Joe Giddens/PA Archive) - (PA Archive)

Nationwide Building Society said it has recorded a 53% jump in first-time buyers using its Helping Hand mortgage after it started allowing people to borrow up to six times their income.

The mortgage deal was changed in September 2024, enabling first-time buyers to borrow up to six times their income, increasing from a previous maximum multiple of 5.5 for first-time buyers taking out a Helping Hand mortgage.

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