Nationwide cuts rates by up to 0.40%

Ryan Bembridge

August 22, 2018

Nationwide house prices

Nationwide has cut some fixed rate and tracker products – as 2-year fixes to 95% LTV have been reduced by 0.40% to 3.24% with a £999 fee and 3.64% with no fee.

Meanwhile 5-year fixed rates to 60% LTV have been reduced to 1.94% with a £999 fee and 2.14% with no fee.

Henry Jordan, Nationwide’s director of mortgages, said: “The changes announced today offer improved choices across our range and the rates are equally available to new customers and to existing members switching product with us.”

To 85% loan-to-value 2-year fixes now stand at 1.69% with a £999 fee and 2.09% with no fee after a 0.20% cut.

Some 2-year tracker rates have been reduced to 1.94% to 85% LTV with a £999 fee and 2.34% with no fee.

The lender’s 3-year fixed rates to 85% LTV start at 2.19% with a £999 fee and 2.49% with no fee.

Nationwide’s 95% LTV 5-year fixes stand at 4.14% with a £999 fee and 4.34% with no fee.

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