The new deals, which will be launched tomorrow, Thursday 3rd May, include the following new two-year fixed rates: 3.39% up to a maximum 60% loan to value (LTV) with a 3.5% arrangement fee; 4.99% up to 75% LTV with a 1.5% fee, and 4.99% up to 80% LTV with a 3.5% fee.
The deals are available for purchase and remortgage.
The interest rates charged on TMW’s existing two-year fixed rate buy-to-let mortgages will be cut by up to 0.25% on loans up to 75% LTV.
Tracie Pearce, head of group mortgages at Nationwide, said: “These improved rates are great news for landlords looking for a new purchase or remortgage deal. Our new two-year fixed rates start from just 3.39%, helping to maximise landlords’ monthly income.
“We regularly review our mortgages to ensure their relevance and competitiveness in the market place and these changes are a further example of that.”
