Nationwide announces new mortgage deals

Nia Williams

April 6, 2010

The biggest reduction of 0.59% has been made on its 2 year no fee fixed rate deal available to remortgage customers up to 70% LTV.

The mortgage product range available from Nationwide will include the following:

For those remortgaging:

  • Two year fixed rate reduced by 0.29% available from 3.88% (up to 70% LTV)

New customers can borrow up to 85% LTV

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

£896 product fee

  • Five year fixed rate reduced by 0.40% available from 5.28% (up to 70% LTV)

New customers can borrow up to 85% LTV

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

£896 product fee

  • Two year tracker reduced by 0.09% available from 2.99% (up to 70% LTV)

New customers can borrow up to 75% LTV

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

£896 product fee

  • Two year tracker reduced by 0.29% available from 3.19% (up to 70% LTV)

New customers can borrow up to 75% LTV

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

£396 product fee

For those buying a home:

  • Two year fixed rate reduced by 0.20% available from 3.49% (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 product fee

  • Five year fixed rate reduced by 0.25% available from 4.99% (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 product fee

£500 discount on product fee for first time buyers

  • Two year tracker increased by 0.04% available from 2.68% (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 product fee

Martyn Dyson, head of mortgages at Nationwide, said: “We’ve improved our range by making a raft of cuts of up to 0.59%. We are improving our great rates for borrowers buying a house, but the largest cuts are on our remortgage deals, in particular on the two and five year fixed rate products.”


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