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Nationwide to launch mortgages at six times' income for first-time buyers

BBC
Summary
Nutrition label

87% Informative

UK 's biggest building society allows first -time buyers to borrow up to six times their income.

The Nationwide will only be available for those taking out a five or 10-year fixed-rate deal.

The uptake is expected to be concentrated in London and south east England .

Lenders also face their own regulated controls on lending to riskier borrowers.

VR Score

93

Informative language

94

Neutral language

79

Article tone

semi-formal

Language

English

Language complexity

49

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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