News
Nationwide to cut fixed and tracker deals
Nationwide will cut rates on its fixed and tracker deals from tomorrow.
A two year fixed rate will be available from 3.69% at up to 70% LTV and a two year tracker will be available from 2.64% at up to 70% LTV. New customers can borrow up to 85% LTV and existing borrowers who are moving home can borrow up to 95% LTV. There is a £896 reservation fee and a £99 upfront and non-refundable booking fee.
A two year fixed rate will be available from 3.99% at up to 70% LTV and a two year tracker will be available from 3.24% at up to 70% LTV. New customers can borrow up to 85% LTV and existing borrowers who are moving home can borrow up to 95% LTV. There is a £99 upfront and non-refundable booking fee.
A three year fixed rate will be available from 4.39% at up to 70% LTV and a three year tracker will be available from 2.99% at up to 70% LTV. New customers can borrow up to 85% LTV and existing borrowers who are moving home can borrow up to 95% LTV. The products also come with a £99 booking fee payable upfront and non-refundable and a £896 reservation fee.
Andy McQueen, mortgage director at Nationwide, said: “We are making widespread rate cuts on the majority of our house purchase products of up to 0.29%. This, together with the special offers we have available for first time buyers and house purchasers, is good news for those trying to get on the housing ladder or secure a new home.”
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