Nationwide cuts mortgage rates.

Nationwide has made various rate reductions across its fixed mortgage range, deals have been cut by up to 0.20% .

In addition the lender has also cut rates offered for remortgaging customers as part of the Loyalty Rate Mortgage initiative.

New low rate deals start at 1.49% for a 2 year fix and 2.24% for a 5 year fix, both fixed rate terms come with a £999 fee.

Borrowers looking for extra security haven't been forgotten either. For those looking for a 10 year fix the Nationwide has a 60% LTV mortgage at 3.14% with a £999 fee. First time buyers are offered this mortgage with a lower £499 fee.

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For existing Nationwide mortgage holders looking to switch, the lender is offering a 0.1% discount on all new customer rates. In addition remortgaging customers are also offered a free standard valuation and either £250 cashback or free standard legal work.

If you would like to have a comparison of the new Nationwide products against the wider market call us at Deal Direct on 0800 048 8828.

We are 'whole of market' brokers dedicated to finding the very best mortgage deals to suit our customers' personal needs and financial circumstances.

To find out how much we could save you on your mortgage call one of our impartial advisers.

For a low rate quote speak to us on 0800 048 8828.

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Article published: Friday, June 05, 2015
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