Martyn Dyson, head of mortgages at Nationwide, said:
"This rate reduction of our two-year fixed deals at 50% LTV is great news for borrowers with a larger deposit.
"In particular, we believe this re-price will prove popular for remortgage customers looking to come to us from another lender, as well as our existing customers coming to the end of their deal."
Two-year fixed rate available at 2.99% (up to 50% LTV):
- £400 product fee, £99 booking fee (payable upfront and non-refundable) for house purchase customers.
- £900 product fee, £99 booking fee (payable upfront and non-refundable) for remortgage and switcher customers.
- Other rates up to 85% LTV also available.
Two-year fixed rate available at 3.39% (up to 50% LTV):
- No product fee, £99 booking free (payable upfront and non-refundable) for house purchase, remortgage and switcher customers.
- Other rates up to 85% LTV also available.
Other special offers
- £300 cash-back for existing Nationwide mortgage customers when they move home or switch to a new mortgage deal at the end of their deal.
- Remortgage customers continue to receive free standard valuation and free standard legal fees.
