Nationwide launches a 4 year fixed rate mortgage.
Nationwide has announced the launch of a 4 year Flexclusive fixed rate mortgage for its account holders.
The new fixed rate mortgage deal is available for up to 70 per cent loan to value and is offered at a rate of 3.89 per cent. In addition to a low rate the high street lender is also offering a range of mortgage incentives. There is a £99 non-refundable booking fee however there is a free valuation, no product fee and free standard legal work.
The Nationwide fixed rate offer is also available for Save to Buy FlexAccount holders who must save for a minimum six months to accrue a deposit to purchase a home.
A spokesperson on behalf of the lender advised that generally the best mortgage deals come with significant mortgage set up costs which is often a barrier for many. The mortgage incentives of no product fee, a free property valuation and free standard legal fees makes the 4 year fixed deal a great product.
The Nationwide also offer a 4 year fix for 90 per cent loan to value at a rate of 5.99% with a £99 booking fee, which icludes free property valuation and legal work with no product fee. This deal is available for both new purchase and remortgage.
If you are looking for a fixed rate mortgage contact Deal Direct.
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