The changes include the launch of new 2-year fixed rates starting from 3.39% and improvements of up to 0.25% on selected 2-year fixed rates at 75% loan to value.
New products available for purchase and remortgage include:
• Two-year fixed rate, 3.39% at 60% LTV, with 3.5% arrangement fee
• Two-year fixed rate, 4.99%, at 75% LTV, with 1.5% arrangement fee
• Two-year fixed rate, 4.99%, at 80% LTV, with 3.5% arrangement fee
Tracie Pearce, head of group mortgages at Nationwide, said: “These improved rates are great news for landlords looking for a new purchase or remortgage deal. Our new 2-year fixed rates start from just 3.39%, helping to maximise landlords’ monthly income.
“We regularly review our mortgages to ensure their relevance and competitiveness in the market place and these changes are a further example of that.”
