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Nationwide ups switcher and additional borrowing rates by 0.25 per cent

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  • 21/09/2022
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Nationwide ups switcher and additional borrowing rates by 0.25 per cent
Nationwide has increased select fixed rates in its switcher product range by up to 0.25 per cent, with the changes coming into force today.

In its existing business range, additional borrowing products start from 3.99 per cent for two and three-year fixed rate products with £999 fee at 60 per cent loan to value (LTV).

For fee-free products, two and three-year fixed rate products begin from 4.24 per cent at the same LTV tier.

Five-year fixed rate at 60 per cent LTV with £999 fee are priced from 3.69 per cent and fee-free iterations start from 3.99 per cent.

Green additional borrowing products are priced at 3.64 per cent for two and five-year fixed rates between 60 and 90 per cent LTV

Two and three-year fixed rate switcher products with £999 fee at 60 per cent LTV also start from 3.99 per cent and fee-free versions begin from 4.24 per cent.

Five-year fixed rate switcher products with £999 fee at the same tier start from 3.69 per cent and 3.99 per cent for fee-free products.

Switcher additional borrowing products start from 3.999 per cent for two and three-year fixed rates and 3.69 per cent for five-year fixed rates at 60 per cent LTV.

Nationwide has made several changes to its proposition in the past few months, including rate increases, raising the loan to income (LTI) cap for existing borrowers and maximum loan size and LTI limit.

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