Mortgage News
Nationwide extends 90% LTV range to 2-year fixes
Nationwide has extended its 90% LTV range to include two-year fixed rates, available for first-time buyers, homemovers and existing customers.
Previously, the lender offered 90% deals on three and five-year fixed rate products.
Its range now includes a 5.29% two-year fixed rate with a £999 product fee available at 90% LTV. A version is also available at 5.69% with a £99 product fee.
Martyn Dyson, head of mortgages at Nationwide, said: “We are continuing our support for the housing market by extending our range of 90% LTV mortgages to include two-year fixed rate products.
“It means we offer a comprehensive fixed rate range at 90% LTV including two, three and five year fixed rate deals, offering some of the best low deposit deals currently available.”
Earlier this week, Accord Mortgages announced its launch into 90% LTV lending by offering borrowers a range of two and five-year fixed rate deals to choose from, while Leeds Building Society lifted its buy-to-let LTV cap from 70% to 80%.
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