Nationwide launches ‘fee friendly’ range

Nia Williams

September 23, 2010

With effect from tomorrow, Nationwide will offer remortgage products free from product, standard valuation and standard legal fees, with a booking fee of just £99.

Remortgage customers can now choose from 2, 3 and 5 year fixed rate ‘fee-friendly’ deals. In addition, selected fixed rates will be reduced by up to 0.30%, across both the remortgage and house purchase ranges.

Commenting, Andy McQueen, divisional director for mortgages at Nationwide, said: “For many customers our ‘fee-friendly’ approach will mean the difference between being able to get the deal they want or being forced to stay put just because they can’t afford the upfront costs of looking around.

“With rates reducing by up to 0.30% across our range of fixed rate products, now really could be the time to remortgage and fix for peace of mind against rising rates in the future.”

Cashback offers and discounts remain available: existing customers who take a new Nationwide mortgage when either moving home or switching at the end of their deal can receive £300 cash-back, while first time buyers can receive a £500 product fee discount on selected products.

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