The biggest reduction of 0.59% has been made on its 2 year no fee fixed rate deal available to remortgage customers up to 70% LTV.
The mortgage product range available from Nationwide will include the following:
For those remortgaging:
- Two year fixed rate reduced by 0.29% available from 3.88% (up to 70% LTV)
£99 booking fee (payable upfront and non-refundable)
£896 product fee
- Five year fixed rate reduced by 0.40% available from 5.28% (up to 70% LTV)
£99 booking fee (payable upfront and non-refundable)
£896 product fee
- Two year tracker reduced by 0.09% available from 2.99% (up to 70% LTV)
£99 booking fee (payable upfront and non-refundable)
£896 product fee
- Two year tracker reduced by 0.29% available from 3.19% (up to 70% LTV)
£99 booking fee (payable upfront and non-refundable)
£396 product fee
For those buying a home:
- Two year fixed rate reduced by 0.20% available from 3.49% (up to 70% LTV)
Existing borrowers who are moving home can borrow up to 95% LTV
£99 booking fee (payable upfront and non-refundable)
£896 product fee
- Five year fixed rate reduced by 0.25% available from 4.99% (up to 70% LTV)
Existing borrowers who are moving home can borrow up to 95% LTV
£99 booking fee (payable upfront and non-refundable)
£896 product fee
£500 discount on product fee for first time buyers
- Two year tracker increased by 0.04% available from 2.68% (up to 70% LTV)
Existing borrowers who are moving home can borrow up to 95% LTV
£99 booking fee (payable upfront and non-refundable)
£896 product fee
Martyn Dyson, head of mortgages at Nationwide, said: "We've improved our range by making a raft of cuts of up to 0.59%. We are improving our great rates for borrowers buying a house, but the largest cuts are on our remortgage deals, in particular on the two and five year fixed rate products."
