New customers moving home: reductions of up to 0.20% across two, three and five-year fixed rate products up to 85% LTV, including:
- Five-year fixed rate at 60% LTV with a £1,499 fee is 4.18% (reduced by 0.16%)
- Five-year fixed rate at 75% LTV with a £999 fee is 4.45% (reduced by 0.10%)
- Two-year fixed rate 60% LTV with a £1,499 fee is 4.59% (reduced by 0.20%)
- Three-year fixed rate at 85% LTV with a £999 fee is 4.99% (reduced by 0.05%)
First-time buyers: reductions of up to 0.09% across two and three-year fixed rate products up to 85% LTV, including:
- Three-year fixed rate at 60% LTV with a £999 fee is 4.65% (reduced by 0.09%)
- Three-year fixed rate at 75% LTV with a £999 fee is 4.75% (reduced by 0.04%)
- Two-year fixed rate at 60% LTV with a £1,499 fee is 4.75% (reduced by 0.04%)
Remortgage: reductions of up to 0.30% across two, three and five-year fixed rate products up to 90% LTV, including:
- Three-year fixed rate at 75% LTV with a £999 fee is 4.77% (reduced by 0.17%)
- Three-year fixed rate at 60% LTV with a £0 fee is 4.81% (reduced by 0.14%)
- Five-year fixed rate at 80% LTV with a £1,499 fee is 4.94% (reduced by 0.30%)
Nationwide is also reducing selected two, three, and five-year switcher rates at up to 95% LTV by up to 0.16% with rates starting from 4.34%. These latest changes also continue Nationwide’s existing mortgage member pricing pledge, meaning the switcher product rates will be the same or lower than the remortgage equivalents.
Nationwide is reducing rates and for existing customers moving home by up to 0.20%, with rates now starting from 4.18%. Rates for additional borrowing will be reduced by 0.16% and will now start from 4.34%. It is also removing all fees from further advance products.
Full details of all rates included in these latest changes can be found here.
Henry Jordan, Director of Home at Nationwide Building Society, said: “As one of the UK’s largest lenders, we remain as committed as ever to supporting borrowers. These reductions will ensure that we have some of the most competitive rates on the market for all types of borrowers whether it be first-time buyers, home movers or those looking to remortgage or switch deals.”
