With the Stamp Duty holiday for first-time buyers due to end on March 24, the society is offering those who hold or open a FlexAccount as their main current account £1,000 cashback when they reserve a mortgage.
The offer is available from today for a limited period of time, and to those who take out a two, three and five-year fixed rate mortgage direct from Nationwide.
It is available in addition to Nationwide’s Save to Buy account, which allows first-time buyers saving for at least six months with the society to earn up to £1,000 cash back.
Martyn Dyson, head of mortgages at Nationwide, says: “The loss of the Stamp Duty holiday will be a blow for first-time buyers as they now potentially have to save more than £1,000 on top of a deposit.
“Nationwide is committed to doing what we can to help support this important part of the market.”