Nationwide cuts rates by up to 0.10%

The cuts are across the two, three and five year fixed rate ranges.

Nationwide cuts rates by up to 0.10%

Nationwide Building Society is reducing selected two, three and 5-year fixed rate mortgage products by up to 0.10%.

Rates for the 2-year fixed products at 90% loan to value (LTV) are reduced by 0.10% to 1.89% with a £999 fee and 2.29% with no fee and rates for the 3-year fixed rate products at 90% LTV are reduced by 0.10% to 2.14% with a £999 fee and 2.44% with no fee and.

Rates for the 5-year fixed rate products at 90% LTV are reduced by 0.10% to 2.29% with a £999 fee and 2.49% with no fee.

Henry Jordan, Nationwide’s director of mortgages, said: “By improving the competitiveness of our two, three and 5-year fixed rate products, we are aiming to support those mortgage customers looking for payment security.”

Nationwide also offers a range of additional benefits for first-time buyers, home movers and those remortgaging to the society. All standard mortgage valuations are fee-free, while first time buyers receive a £500 cashback to help with costs and those remortgaging to the society can choose between £500 cashback or free standard legals.