You are here: Home - News -

Nationwide cuts mortgage rates

by:
  • 29/11/2018
  • 0
Nationwide cuts mortgage rates
Nationwide Building Society has reduced rates across its two, three and five-year fixed mortgage products by up to 0.30%.

 

For the five-year fixed rate mortgage products, all rates have been cut by up to 0.15%.

For those with a 40% deposit, rates at up to 60% loan to value (LTV) now start at 1.89% with a £999 fee and 2.09% with no fee.

Rates are also being reduced for those with five per cent deposit by 0.15%, with rates at up to 95% LTV now starting at 3.59% and 3.79%, respectively.

Three-year fixed rate mortgage products have also been reduced by up to 0.15%, with the up to 60% LTV product now starting at 1.74% with a £999 fee.

In addition, the two-year fixed rate mortgage for those with a five per cent deposit is being cut by 0.30%, with sub-three per cent rates now available.

Henry Jordan, Nationwide’s director of mortgages, said that the rate cuts support mortgage applicants with both larger and smaller deposits who are looking to ensure their longer-term payment security.

There are 0 Comment(s)

You may also be interested in

  • Congratulations to all those Lenders who have made the 2019 shortlist for the L&G Mortgage Club Awards… https://t.co/iyQJHI2aBT
  • Vote now in our poll: Are you working harder than ever to demonstrate your client value? - Mortgage Solutions… https://t.co/mWIWInGgpu
  • Congratulations to our finalists for Business Leader: Intermediary Lender (less than £5bn gross lending p.a) -… https://t.co/A6frxEHeiy

Read previous post:
Tenants securing rent reductions at highest level since 2015 – ARLA

The number of tenants successfully negotiating rent reductions in October jumped to the highest level since January 2015, according to...

Close