Nationwide has launched a 5-year tracker mortgage at 1.89% to 60% loan-to-value with a £999 fee.
Other options are a 70% LTV tracker at 2.09% and a 75% LTV tracker at 2.19%, both with a £999 fee.
Henry Jordan, Nationwide’s head of mortgages, said: “We are extending the choice of Nationwide tracker mortgages to include a 5 year option, responding to customer demand and a growing market for more flexible products.
“This will be particularly useful for those with larger deposits looking for a product that provides maximum flexibility with no limit on overpayments.
“With the combination of competitive rates and access to additional benefits, Nationwide will continue to offer mortgage deals that are amongst the best on the high street.”
All Nationwide trackers have no early redemption charge.