The loyalty discount, which is available to existing mortgage borrowers compared to new borrowers taking out a new product, was increased to £200 in February as part of a limited offer. The loyalty discount will return to £100 at end of business on Thursday 3 May 2007.
Matthew Carter, divisional director for mortgages at Nationwide, said: "Nationwide is committed to rewarding loyalty. Many existing Nationwide borrowers were able to take advantage of the increased loyalty discount and many more will still benefit from a discount of £100 on their reservation fee."
