Nationwide cuts rates for loyal customers
Rates for the 90% LTV 2 year tracker product now start at 3.14%, reduced by 0.25%, with a £999 fee; it also has a fee-free option priced at 3.54%.
The reductions are part of the Nationwide loyalty rate mortgages initiative, which compares the society’s mortgage rates for existing customers to those of its top six high street competitors.
Existing mortgage customers already benefit from a 0.10% discount on new customer rates.
The loyalty rate mortgage initiative is only available to Nationwide’s existing mortgage customers who are looking to switch deal.