A sub 2% Nationwide mortgage is launched, call 0800 048 8828 to review the deal.
A new ultra low rate Nationwide mortgage is on offer to existing customers with a 40% deposit or equity.
For the first time ever, the Nationwide has a mortgage with a rate set at under 2%. Its 2 year fixed rate mortgage for 60% LTV is available at 1.94%, which is the cheapest mortgage the Nationwide has in its range.
While the lender has offered other deals at around 2%, this is the first time its rates have dipped below this level.
While this sub 2% deal is only on offer to existing customers, an alternative highly competitive offer has been launched for new customers.
A 2 year fixed rate Nationwide mortgage is now on offer for up to 60% LTV at 2.04 per cent with a new customer product fee set at £900.
In addition Nationwide mortgage rates have been reduced by 0.1% on its 2 year fix rate deals for up to 70% LTV. Product fees have been set at £900, although first-time buyers will be offered a £500 reduction on fees.
For new customers with a 40% deposit looking for a fee free deal, a 2 year fixed rate is now on offer at 2.44%, existing customers can access the same deal but at a lower rate of 2.34%.
If you are interested in reviewing the Nationwide's mortgage range for a deal to match your financial needs call Deal Direct. As an independent broker we can also review the Nationwide's range comparing it against all other lenders products to find you the most competitive mortgage on offer.
Call today for advice and a low rate quote.
0800 048 8828.
