Nationwide offers 2.99% 10-year fix

Ryan Bembridge

June 16, 2016

house keys

Nationwide is offering a 10-year fix at 2.99% after reducing mortgage rates by up to 0.25%.

The 10-year fix is available to 70% loan-to-value with a £999 fee, while its 5-year fix starts at 2.19% to 60% LTV with a £999 fee.

Its 95% LTV rates include a 2-year fix at 3.89% and a 3-year fix at 4.39% with a £999 fee.

Accord offers 75% LTV 10-year fix at 2.88%

Henry Jordan, Nationwide’s head of mortgages, said: “We are reducing rates for those looking for longer-term payment security, with one of the most competitive rates on the market for those customers opting for the 10 year fixed rate product and a host of additional benefits.

“These include fee-free valuations and access for main Nationwide current account customers to a cashback of £250, both irrespective of which product they choose.

“In addition, we have a range of deals for those with smaller deposits looking for competitive rates and who will qualify for a £500 cashback if they are first-time buyers.

“There are also reductions for those customers choosing the flexibility of a tracker product.”