Nationwide announces new mortgage deals

Nia Williams

December 10, 2009

From tomorrow, the mortgage product range available from Nationwide will include the following:

Two year fixed rate available from 3.69% (up to 70% LTV) and two year tracker available from 2.64% (up to 70% LTV):

New customers can borrow up to 85% LTV

Existing borrowers who are moving home can borrow up to 95% LTV

£99 booking fee (payable upfront and non-refundable)

£896 reservation fee

Two year fixed rate available from 3.99% (up to 70% LTV) and two year tracker available from 3.24% (up to 70% LTV):

New customers can borrow up to 85% LTV

Existing borrowers who are moving home can borrow up to 95% LTV

£99 booking fee (payable upfront and non-refundable)

Combined no reservation fee and free legals offer available

Three year fixed rate available from 4.39% (up to 70% LTV) and three year tracker available from 2.99% (up to 70% LTV):

New customers can borrow up to 85% LTV

Existing borrowers who are moving home can borrow up to 95% LTV

£99 booking fee (payable upfront and non-refundable)

£896 reservation fee (reservation fee discount available to first time buyers of £500 or £250 plus free legals)

Commenting, Andy McQueen, mortgage director at Nationwide, said: “We are making widespread rate cuts on the majority of our house purchase products of up to 0.29%. This, together with the special offers we have available for first time buyers and house purchasers, is good news for those trying to get on the housing ladder or secure a new home.”

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