You are here: Home - News -

Nationwide cuts fixed-rate deals

by:
  • 08/08/2017
  • 0
Nationwide cuts fixed-rate deals
Nationwide Building Society is cutting rates on selected two-, three- and five-year fixed-rate mortgages by up to 0.10%, including products for those with smaller deposits.

All mortgage rates in the two-year fixed product range, up to 95% loan to value (LTV), have been reduced.

Selected three-year fixed-rates at up to 80, 85 and 95% LTV have been reduced by 0.10% while selected five-year fixed rate mortgages have also been reduced.

Existing mortgage customers benefit from a 0.10% discount on the new customer rate.

The changes will go live on 9 August.

Nationwide director of mortgages Henry Jordan said: “We are reducing selected rates across the fixed-rate product ranges, including for those with both large and small deposits.

“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.”

 

Example deals include:

  • Two-year fixed-rate at 60% LTV starts at 1.29% with a £999 fee and 1.69% with no fee;
  • Two-year fixed-rate at 95% LTV starts at 4.09% with a £999 fee and 4.49% with no fee;
  • Three-year fixed-rate at 85% LTV starts at 1.74% with a £999 fee and 2.04% with no fee;
  • Three-year fixed-rate at 95% LTV starts at 4.39% with a £999 fee and 4.69% with no fee;
  • Five-year fixed-rate at 80% LTV starts at 2.09% with a £999 fee and 2.29% with no fee.

There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.

Profiles

Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.

Marketwatch

Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.

Poll

Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
  • RT @robjupp: Great day yesterday for donations to @MortSleepOut. With Gift Aid, we are now close to £17,000. It would be great to get to £2…

Read previous post:
Know Your BDM: Ian Scarrott, Precise Mortgages

This week, Mortgage Solutions is speaking to Ian Scarrott, business development manager at Precise Mortgages.

Close