Overview

• Rightmove and Nationwide have launched a 'property lending check' tool, providing real-time mortgage eligibility assessments for specific properties.
• The tool highlights potential financing risks like flood exposure or short lease terms, offering buyers early transparency in the process.
• Currently in a phased rollout on select Rightmove listings, the feature builds on the success of their Mortgage in Principle tool.
• The initiative seeks to reduce the average five-month home-buying timeline by addressing financing concerns earlier in the journey.
• While some brokers praise the transparency, others warn that reliance on a single lender’s criteria could sideline viable properties.