Nationwide repricing doesn’t help low deposit holders

Following Nationwide’s announced plans to cut the rates on 44 fixed and tracker rate mortgage products, price comparison site moneysupermarket.com has warned people not to get too carried away with the move

Louise Cuming head of mortgages at moneysupermarket.com, said: “Any move to cut rates should be seen as a positive step and it is good to see Nationwide raising the competitive stakes. However