Nationwide has reduced the rates on a range of its existing borrowers house purchase, rate switch and additional borrowing products by up to 0.15 per cent.
The changes will come into effect from tomorrow, with rate reductions ranging from 0.01 per cent to 0.15 per cent.
Examples of changes to its existing borrower range include its five-year fixed rate between 85 and 90 per cent loan to value (LTV) which has been cut by 0.15 per cent to 3.29 per cent.
Its existing borrower two-year fixed rate between 90 and 95 per cent LTV has been reduced by 0.14 per cent to 3.4 per cent. This product is subject to a £999 fee.
The lender’s rate switch products have also been cut, with its three-year fixed rate product between 85 and 90 per cent LTV declining by 0.15 per cent to 3.29 per cent.
Its five-year fixed rate between 85 and 90 per cent LTV has also been decreased by 0.15 per cent to 3.29 per cent.
The lender’s additional borrowing Switcher Additional Borrowing two-year fixed rate product, available from 80 and 85 per cent LTV, has been cut by 0.1 per cent to 1.99 per cent.
Its three-year and five-year fixed rate products between 80 and 85 per cent LTV have both been reduced by 0.1 per cent to 2.39 per cent.
In its additional borrowing range its two-year fixed rate, also available between 80 and 85 per cent LTV, has also been cut by 0.1 per cent to 1.99 per cent.
Its three-year and five-year fixed rate between 80 and 85 per cent LTV have been reduced by 0.1 per cent to 2.39 per cent. These products are subject to a £999 fee.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
