The Nationwide Building Society has created a new mobile app to help first time buyers and home movers navigate their way through the purchase process.
The Nationwide Homebuyer’s Companion app provides guides, tips and tools to assist would-be home movers in understanding the process of buying and selling a home.
There are also calculators to help work out affordability and borrowing requirements for particular mortgages, with tools to access and compare different Nationwide mortgage products.
The new Nationwide app for home movers is free from app stores and is available for iOS and Android mobile devices.
Included in the app are:
- Find-a-mortgage function to browse suitable mortgages
- Tailored step-by-step guides for first time buyers and property buying and selling
- Affordability calculator
- Mortgage comparison tool for different Nationwide rates and products
- Ability to create an individual checklist of key activities
- Save and update notes within the app throughout the process
- Accessible links to further guides, including how to apply for a mortgage, on the Nationwide website
Tracie Pearce, Nationwide’s head of mortgages, said: “Many first time buyers and home movers may not know how to start the mortgage application process, what information they will need to provide and which mortgage products will suit their individual plans and budget.
“This app enables home movers to research the process and to access the required information quickly and easily.”
