Nationwide has increased its rates on selected products up to 95 per cent loan to value (LTV).
This includes two and three-year fixed rates which have gone by up to 0.10 per cent up to 95 per cent LTV, and 90 per cent for remortgages.
Examples include the two-year fixed homemover mortgage at 60 per cent LTV, with a £999 fee, which now has a rate of 2.34 per cent, while the fee-free option has a rate of 2.64 per cent. The three-year fixed equivalents have the same rates.
Rate changes have also been made at 90 per cent LTV, with a two or three-year fixed mortgage and £999 fee now priced at 2.44 per cent, and the fee-free alternatives priced at 2.74 per cent.
For first-time buyers, rates begin at 2.39 per cent for a two or three-year fixed mortgage with a £999 fee, up to 2.89 per cent for a 95 per cent LTV fixed for two or three years with no fee.
For existing customers who are switching rates; two, three, five and 10-year fixes will see increases of up to 0.20 per cent up to 90 per cent LTV.
Applications for existing products must be reserved by 5pm today and changes will come into effect on Thursday, 21 April.
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS
