Nationwide’s four-year fixed rate and five-year tracker Flexclusive mortgage deals are now available to existing customers switching or requiring a further advance.
The moves comes after the recent introduction of reduced rates for loyal existing Nationwide mortgage customers, who now have access to one product range at a discount over corresponding new business rates.
Rates include:
Four-year fixed rate Flexclusive available to all existing mortgage customers at 2.99% (70% LTV) and new customers at 3.09% (70% LTV)
- £900 product fee, £99 booking fee (payable upfront and non-refundable on all transactions with the exception of existing customers switching)
- Product fee-free option available at 3.29% (existing customers), 3.39% (new customers) – £99 booking fee will still apply
- Free standard valuation and legal work
- Flexclusive mortgages are available to all customers who use a FlexAccount as their main current account.
Five-year tracker rate Flexclusive available to all existing mortgage customers at 3.49% (70% LTV) and new customers at 3.59% (70% LTV)
- No product fee, £99 booking fee (payable upfront and non-refundable on all transactions with the exception of existing customers switching)
- Free standard valuation and legal work plus no early repayment charge
- Flexclusive mortgages are available to all customers who use a FlexAccount as their main current account.
“These changes underline Nationwide’s commitment to rewarding customers who have a deeper relationship with the Society,” claimed Tracie Pearce, Nationwide’s head of mortgages.
“Main FlexAccount borrowers looking to switch to another mortgage with the Society or take a further advance can now access our very best rates.
“Furthermore, while most providers charge a higher rate for further advances, Nationwide currently gives these loyal customers a discount from the corresponding new business rate.”