Nationwide cuts fixed rates.
The Nationwide BS has announced a rate cut across its fixed rate mortgage range by up to 0.2%.
Between 85% and 95% LTV across the 2, 3, 5 year range deals are now cheaper. The lender advises the decision to reduce rates is to help smaller deposit buyers.
Range highlights include:
- A 2 year fix for up to 95% LTV at 3.99% with a £999 fee.
- A 2 year fix for up to 90% LTV at 2.49% with a £999 fee.
- A 2 year fix for up to 85% LTV at 1.94% with a £999 fee.
- A 5 year fix for up to 95% LTV at 4.79% with a £999 fee.
- A 5 year fix for up to 90% LTV at 3.29% with a £999 fee.
- A 5 year fix for up to 85% LTV at 2.99% with a £999 fee.
The lender advises that its also removing mortgage valuation fees, and is offering £500 cashback to first time buyers.
In addition, Nationwide Flex main current account holders who are accepted for a Nationwide mortgage, will receive £250 cashback.
If you would like to make a like-for-like product comparison for these new deals against offers in the wider market, call us at Deal Direct. We will compare all products on offer at your deposit level, to find the one which is truly the most affordable and competitive for your deposit level.
For advice and a low rate quote call and speak to an impartial adviser.
Speak to us at Deal Direct on 0800 048 8828.
