High-LTV fixed rates cut at Nationwide

From today, Nationwide Building Society is cutting rates on selected two, three and five-year fixed rate mortgages at higher LTVs by up to 0.10%.

Related topics:  Finance
Warren Lewis
9th August 2017
Nationwide 1

All mortgage rates in the two-year fixed product range, up to 95% LTV, have been reduced. The 60% LTV two-year fixed rate product now starts at 1.29% with a £999 fee and 1.69% with no fee.

95% LTV rates have been reduced to 4.09% with a £999 fee and 4.49% with no fee.

Selected three-year fixed rates at up to 80, 85 and 95% LTV have been reduced by 0.10%. Rates at up to 85% LTV now start at 1.74% with a £999 fee and 2.04% with no fee, and rates at 95% LTV have been reduced to 4.39% with a £999 fee and 4.69% with no fee.

Five-year fixed rates up to 80% LTV now start at 2.09% with a £999 fee and 2.29% with no fee.

Existing mortgage customers benefit from a 0.10% discount on the new customer rate. The Society also offers a range of additional benefits for both first time buyers and home movers. All standard mortgage valuations are now fee-free, while first time buyers receive a £500 cashback to help with the cost of moving. Remortgage customers are able to benefit from a free standard valuation and a £500 cashback for legal work.

Henry Jordan, Nationwide’s Director of Mortgages, said: “We are reducing selected rates across the fixed rate product ranges, including for those with both large and small deposits. As well as offering a wide range of competitive mortgage rates, Nationwide also offers additional benefits to first time buyers, home movers and those remortgaging to the Society.”

More like this
Latest from Financial Reporter
Latest from Protection Reporter
CLOSE
Subscribe
to our newsletter

Join a community of over 20,000 landlords and property specialists and keep up-to-date with industry news and upcoming events via our newsletter.