Two-year
Rates for the two-year fixed products available up to 60% LTV are reducing by 0.10% to 1.79% with no fee.
Three-year
On three-year fixed products up to 60% LTV, rates are reducing by 0.15% to 1.79% with no fee (and by 0.10% to 1.54% with a £999 fee).
Five-year
On three-year fixed products up to 60% LTV, rates are reducing by 0.15% to 1.79% with no fee (and by 0.10% to 1.54% with a £999 fee).
Ten-year
- Up to 60% LTV: down 0.35% to 2.44% with no fee (2.34% with a £999 fee)
- 60.01-75% LTV: reduced by 0.20% to 2.59% with no fee (2.49% with a £999 fee)
- 75.01-85% LTV: down 1.10% to 2.89% with no fee (2.79% with a £999 fee)
- 85.01-90% LTV: reduced by 0.65% to 3.34% with no fee (3.24% with a £999 fee)
The rate reductions on the 10-year fixed rate products are also applicable to Nationwide’s switcher range.
All rates on other products remain unchanged.
Henry Jordan, Nationwide’s Director of Mortgages, said: “Our range of fixed rate mortgages have proved particularly popular as people seek the security of fixing their mortgage payments for the future, and as a result we’re focused on keeping our rates as competitive as possible. These reductions clearly demonstrate our commitment to offering competitive products to both existing members and new customers in a range of LTVs. Combine that with our commitment to providing legendary service and we believe we offer the whole package that makes a real difference to homeowners.”
Nationwide offers a range of additional benefits for first time buyers, home movers and those remortgaging to the Society. All standard mortgage valuations are fee-free, while first time buyers receive a £500 cashback to help with costs and those remortgaging to the Society can choose between £500 cashback or free standard legals.
