Nationwide cuts fixed rates

Mortgage Introducer

September 15, 2015

The society’s 2-year fixes to 85% loan-to-value stand at 2.44% with no fee and 2.04% with a £999 fee, while to 90% LTV they stand at 3.39% with no fee and 2.99% with a £999 fee.

Its 90% LTV 5-year fixes meanwhile stand at 3.64% with no fee and 3.84% with a £999 fee, while 90% LTV 10-year fixes are 4.44% with no fee and 4.34% with a £999 fee.

The society has also reduced mortgages across its 3-year fix and 4-year Flexclusive ranges.

Henry Jordan, Nationwide’s head of mortgages, said: “Following the launch of Nationwide’s new range of mortgage products for those with a 5% deposit, we are now reducing rates for those with slightly larger deposits of 10%and 15% who are looking for competitive rates and payment security over the short, medium and longer-term.

“First time buyers will also continue to qualify for a £500 cashback irrespective of which product they choose. This is in addition to the benefits available on the Flexclusive range of mortgages, including £250 cashback or the option of free valuations and legal fees.”

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