Nationwide cuts 2 and 3 year fixed mortgage rates and fees.
The Nationwide has announced that it is cutting both mortgage rates and fees on its 2 and 3 year fixes for larger deposit buyers.
It has decided to take this action to help more first time buyers climb on the property ladder, however at 30% to 40% deposit levels many first timers may be excluded from these offers. Rates are set a 1.94% for 60% LTV and fees are £999.
If you are looking for a competitive mortgage rate and low fee for your deposit level, the advice is to make a 'whole of market' search to source the best rates on offer. If yours is a smaller deposit, then you may need help to work your way through ALL lenders ranges to find yourself an affordable mortgage deal.
Searching the market on your own could prove time consuming as there are so many mortgages on offer with varying rates, fees and criteria, so it really does make sense to seek independent advice and help.
If you would like a lowest rate for your deposit level and financial circumstances, you are recommended to call Deal Direct on 0800 048 8828.
Call an adviser today for a competitive quote.
0800 048 8828.
