The Nationwide Building Society has reduced its three, four and five year fixed rates by 0.10 per cent.
The mutual’s mortgage range now includes:
Three-year fixed rate available for new customers at 2.69% (up to 60% LTV), 2.59% for existing customers
- £900 product fee for house purchase, remortgage and existing customers moving home
- £400 product fee for first-time buyers
- £99 booking fee (payable upfront and non-refundable)
Three-year fixed rate available for new customers at 4.59% (up to 90% LTV), 4.49% for existing customers
- £900 product fee for house purchase, remortgage and existing customers moving home
- £400 product fee for first-time buyers
- £99 booking fee (payable upfront and non-refundable)
Flexclusive four-year fixed rate available for new customers at 2.69% (up to 60% LTV), 2.59% for existing customers
- £900 product fee for house purchase, remortgage and existing customers moving home
- £400 product fee for first-time buyers
- £99 booking fee (payable upfront and non-refundable)
Five-year fixed rate available for new customers at 2.99% (up to 60% LTV), 2.89% for existing customers
- £900 product fee for house purchase, remortgage and existing customers moving home
- £400 product fee for first-time buyers
- £99 booking fee (payable upfront and non-refundable)
Tracie Pearce, Nationwide’s head of group mortgages, product and pricing, said: “We are welcoming in the New Year with some exciting new mortgage rates.
“All customers can benefit from the reductions. It means the introduction of three-year fixed rates at just 2.69%, and five-year fixed rates at 2.99%. Existing customers still get access to our best deals, priced 0.10 per cent [sic] below our new rates.
“It comes within days of the Society announcing rate cuts for those looking to buy a new build property and proves Nationwide is truly open for business.”