Nationwide will increase fixed rates by up to 0.35 per cent from tomorrow, with changes applied to its new business, switcher, additional borrowing and existing customer home moving ranges.
The lender added that it would increase all tracker rates by 0.5 per cent following the Bank of England base rate change last week.
Nationwide said to reserve a product, brokers would need to submit a decision in principle by 8pm today.
On the new business side, new member moving products will start from 5.94 per cent, whilst its first-time buyer product begins from 5.99 per cent.
New member moving and first-time buyer pricing starts at 6.04 per cent, whilst remortgage rates begin at 5.99 per cent.
In its existing business range, existing members moving products are priced from 5.89 per cent and existing members moving home shared equity deals begin from 5.94 per cent.
Additional borrowing, switch and switcher additional borrowing products start at 5.59 per cent.
Bank of Ireland to temporarily remove bespoke resi rates
Bank of Ireland will withdraw all its bespoke residential rates, 19 products in total, at 6pm today.
The deals range from 60 per cent loan to value (LTV) to 90 per cent LTV and includes two and five-year fixed rate deals.
The lender said that new applications must be completed and submitted, with accepted agreement in principles having to be converted to full applications by 6pm today.
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.
