The society is reducing its two, three and five year fixed rate deals by up to 0.25% for those looking to remortgage, switch product or take a further advance. Existing Nationwide borrowers will also benefit as the society is, for a limited period only, waiving the £599 reservation fee for existing borrowers switching to the fixed and tracker products which currently have this fee.
Martyn Dyson, head of mortgages at Nationwide, said: "As a building society we always aim to offer our members the best possible deals. Once again we are in a position to reduce rates on a number of deals available to customers wishing to remortgage, switch their current mortgage deal or take a further advance. As part of our commitment to rewarding customer loyalty we are also now waiving the £599 fee for existing borrowers wishing to switch deal.
