Digital can ditch the delays

Mortgage lending 'checker' launched by Rightmove and Nationwide

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Rightmove and Nationwide Building Society have launched an online feature which could indicate to house-hunters whether a specific property may be eligible for mortgage lending.

The new digital "property lending check" aims to give house-hunters more clarity earlier on in their moving process, by giving real-time information about the potential for getting a mortgage on a home, before they even physically view the property or put in an offer.

Nationwide will assess typical property risks on a listing, such as flooding, or short lease lengths, to indicate whether or not it would be likely to lend on the property.

Rightmove said it takes more than five months on average to complete a home sale and the new feature could help make the process more efficient.