New rates include:
Two-year fixed rate available at 2.99% (60%LTV)
• £900 product fee, £99 booking fee (payable upfront and non-refundable) for remortgage, house purchase and existing customers moving home
• £400 discounted product fee for first-time buyers
Three-year fixed rate available at 3.29% (70% LTV)
• £900 product fee, £99 booking fee (payable upfront and non-refundable) for remortgage, house purchase and existing customers moving home
• £400 discounted product fee for first-time buyers
Five-year fixed rate available at 3.39% (70% LTV)
• £900 product fee, £99 booking fee (payable upfront and non-refundable) for remortgage, house purchase and existing customers moving home
• £400 discounted product fee for first-time buyers
Tracie Pearce, Nationwide head of group mortgages, said: “These latest cuts ensure our popular range of fixed rate mortgages remain very competitive. We’ve made significant improvements for customers at all LTVs not just reduced rates for those with the largest deposits.
“These further cuts mean that our rates on NewBuy mortgages are particularly keen, with our five-year fixed rate NewBuy mortgages having dropped by 40bps at 95% LTV since launch.”
Tracker rates across two and three year ranges are also reducing by 10bps.
