Nationwide Building Society has reintroduced its range of three-year fixed rate mortgages.
Rates start at 1.64%, with a £999 product fee, for borrowers with 40% equity, with products available up to 95% LTV at 4.49% with a £999 fee. A selection of fee-free three-year fixed rates are also available.
All standard valuations are now fee-free, while first-time buyers can get a £500 cashback. Remortgage customers get the same cashback to cover legal work costs.
Henry Jordan, director of mortgages at Nationwide, said that the three-year fixed rate range was being reintroduced in order to give borrowers more choice. He added: “As well as offering a wide range of competitive mortgage rates, Nationwide also offers additional benefits to first time buyers, home movers and those remortgaging to the society.”
