skip to main content
Request a call back

Leave your contact details and one of our expert advisers will call you back shortly.

You can also complete our mortgage questionnaire for a more accurate initial response.

Please note, by submitting this information you have given your agreement to receive verbal contact from us to discuss your mortgage requirements.

Menu

Nationwide has stopped mortgages for borrowers with small deposits over fears that a house price crash will leave homeowners with negative equity.

Nationwide, Britain’s biggest building society with 1.6 million customers, said that it would not accept new borrowers who had less than a 15 per cent deposit. It is the first big lender to warn about the dangers of negative equity, in which a borrower’s mortgage is greater than the value of their home.

Aaron Strutt, product director at the broker Trinity Financial, told The Times: “It is unusual for a lender to make a public statement about negative equity.” 

Click here to read the full story £

Get in Touch

Get in touch

To arrange a meeting with one of our expert mortgage advisers complete our enquiry form or mortgage questionnaire and we will call you back. Please note, by submitting this information you have given your agreement to receive verbal contact from us to discuss your mortgage requirements.

Need some advice today?

Book a Consultation Mortgage Questionnaire