Nationwide will lower switcher rates by up to 0.31 per cent across its two, three and five-year fixed rates up to 95 per cent loan to value (LTV).
The changes will come into force from tomorrow.
Examples of changes include its two-year fixed rate at 60 per cent LTV with a £999 fee, which will fall by 0.17 per cent to 4.82 per cent.
The lender’s three-year fixed rate at 75 per cent LTV with a £999 fee will go down by 0.31 per cent to 4.89 per cent.
Nationwide’s five-year fixed rate at 95 per cent LTV with a £999 fee will decrease by 0.3 per cent to 5.3 per cent.
The mutual has also cut additional borrowing rates by up to 0.31 per cent.
Henry Jordan, director of home at Nationwide Building Society, said: “These latest changes continue our existing mortgage customer pricing pledge, which promises that switcher product rates will be the same or lower than the remortgage equivalents.
“This is the tenth reduction in rates we have made in four months and means we continue to offer some of the most competitive rates on the market.”
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.
