Nationwide for Intermediaries is now taking new business at up to 85 per cent LTV.

At the end of March, the building society capped lending at 75 per cent LTV.

Nationwide is also changing its remortgage product fees for rates of up to 60 per cent LTV on two- or five-year fixes.

Specifically, if the loan amount is lower than £300,00, borrowers can choose from a £999 fee or zero fee option, and if the loam amount is above this, from a £1,499 or zero fee.

New products have also been released, all available at up to 85 per cent LTV and with a fee of either £999 or zero.

They comprise a two-year fix at 1.74 per cent and 2.14 per cent, a three-year fix at 2.14 per cent and 2.34 per cent, and a five-year fix at 2.14 per cent and 2.34 per cent, respective of which fee structure is chosen.

The lender has also brought in a tracker rates at 85 per cent LTV with the same fee setup as above at either 1.74 per cent or 2.14 per cent.