Nationwide cuts fixed rates

Ryan Bembridge

August 8, 2017

Nationwide Building Society has cut 2, 3 and 5-year fixed rate mortgages by up to 0.10%.

Its 60% loan-to-value 2-year fixes now stand at 1.29% with a £999 fee and 1.69% with no fee, while 95% LTV rates have been reduced to 4.09% with a £999 fee and 4.49% with no fee.

The society’s 3-year fixes have been reduced to 1.74% to 85% LTV with a £999 fee and 2.04% with no fee, with rates at 95 LTV being cut to 4.39% with a £999 fee and 4.69% with no fee.

first direct cuts fixed rates

Nationwide’s 5-year fixes to 80% LTV stand at 2.09% with a £999 fee and 2.29% with no fee.

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.”

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