Nationwide raises maximum LTV on remortgages.
Having purchased your home with a 10% deposit, you could be thinking that remortgaging to a low rate deal is going to be difficult. However, as Nationwide has raised its loan to value from 85% to 90%, on like for like remortgages, switching lenders and saving money on your repayments is a possible option.
For the 2 year fix, for up to 90% LTV, Nationwide’s mortgage rates start from:
- 2.39%, with a fee and 2.79%, without a fee.
The 5 year fix, for up to 90% LTV, mortgage rates start from:
- 3.19%, with a fee and 3.39%, without a fee.
A 3 year fixed rate option is also available, starting from 2.74%.
This deal from Nationwide is one of many others available on the market. To secure a suitable remortgage option for you, we recommend contacting one of our independent advisors at Deal Direct, as we can offer you valuable, impartial advice.
With our unrivalled knowledge of the market, built up over more than 10 year’s experience, Deal Direct can obtain the very best deal for you, often from lenders you wouldn’t normally find on the high street.
Don’t delay as, although mortgage rates are currently retaining their historic low status, an increase may be looming. To see how much it may be possible to save on your repayments by switching deals, speak to one of our advisors today.
For all you remortgage enquiries, call Deal Direct on 0800 048 8828.
