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Mortgage News

Nationwide launches four-year fix at 3.89%

Simret Samra
Written By:
Posted:
May 24, 2012
Updated:
May 24, 2012

Nationwide has announced a four-year Flexclusive fixed rate mortgage for account-holding customers.

The deal is being offered at a rate of 3.89% and available for up to 70% LTV. To complete the offer there is a £99 upfront non-refundable booking fee, no product fee, free valuation and standard legal work.

The offer is also extended to Save to Buy customers holding a main FlexAccount, who have been saving for at least six months to accrue a deposit in a Save to Buy savings account.

Tracie Pearce, head of group mortgages, products and pricing, said: “Often the best deals come with high upfront costs which can be a real barrier to many wanting to enjoy the security of fixed rate payments. That’s why, with no product, valuation or standard legal fees, this is a great all-round solution.”

The four-year fixed rate is also available at 5.99% up to 90% LTV and includes a £99 upfront non-refundable booking fee, no product fee, free valuation and standard legal work for both home movers and remortgage customers.

Nationwide is also revising the rates offered on its five-year tracker rate mortgages, which now start at 3.29% (BBR+2.79%) up to 70% LTV.

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