Nationwide cuts rates by up to 0.35%

Mortgage Introducer

June 29, 2021

Nationwide house prices

Nationwide Building Society is reducing selected fixed and tracker rates across its range by 0.35% from 30 June 2021.

The new rates see numerous reductions across its range of 2-year, 5 year and 10-year fixes and trackers for those moving home.

For first-time buyers there are reductions of up to 0.35% across selected fixed and tracker rate products up to 95% loan-to-value (LTV).

On the remortgage front there reductions of up to 0.15% across selected two and five-year fixed rate products up to 85% LTV.

Nationwide is also reducing selected further advance, family deposit mortgage and switcher rates by up to 0.15%.

Nationwide’s first-time buyer mortgages also come with £500 cashback, while those looking to remortgage to the Society can choose between £500 cashback or free standard legal fees.

Henry Jordan, Nationwide’s director of mortgages, said: “As one of the largest lenders in the UK we always keep our rates under review to ensure we can maintain our competitive position in the market. Whether someone is buying a new home or remortgaging their existing property we have a range of mortgages on offer to suit their needs.”

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