The changes take effect from tomorrow.
Commenting, Martyn Dyson, head of mortgages at Nationwide, said: “The rate cuts apply to most of our fixed rates and include our best buy three-year fixed rate, which is being reduced by a further 0.1%. Following our tracker rate cuts earlier this week, this is further great news for brokers; Nationwide’s enhanced range of mortgage products enables them to offer their clients more competitive mortgages from a trusted lender.”
The fixed rate product range from Nationwide will include the following:
Three-year fixed rate available at 3.69% (up to 70% LTV)
• £400 product fee, £99 booking fee (payable upfront and non-refundable) for house purchase customers.
• £900 product fee, £99 booking fee (payable upfront and non-refundable) for remortgage and switcher customers.
Two-year fixed rate available at 3.14% (up to 50% LTV)
• £400 product fee, £99 booking fee (payable upfront and non-refundable) for house purchase customers.
• £900 product fee, £99 booking fee (payable upfront and non-refundable) for remortgage and switcher customers.
Two-year fixed rate available at 3.49% (up to 70% LTV)
• £400 product fee, £99 booking fee (payable upfront and non-refundable) for house purchase customers.
• £900 product fee, £99 booking fee (payable upfront and non-refundable) for remortgage and switcher customers.
Five-year fixed rate available at 4.29% (up to 70% LTV)
• £400 product fee, £99 booking fee (payable upfront and non-refundable) for house purchase customers.
• £900 product fee, £99 booking fee (payable upfront and non-refundable) for remortgage and switcher customers.
