Nationwide offers higher LTV mortgages

Nationwide Building Society has launched a range of product offers, including mortgages at up to 95% loan to value (LTV), to customers signing up to its FlexAccount as their main current account.

First-time buyers will get a discount of 0.7% off the current mortgage range available to them up to 90% LTV, plus free legal fees, while existing customers moving home can access the same deals up to 95% LTV.

The deals are only available through Nationwide's branch network.

FlexAccount users, both first-time buyers and existing customers moving home, are also offered a range of tracker mortgages up to 85% LTV (the previous maximum LTV was 80%).

Further special offers include a best buy personal loan charged at 7.99% on loans between £7,500 and £14,999, £20 off home insurance if bought in conjuction with buildings & contents insurance before 3rd January 2010 and £50 off car insurance premium for quotes given from 1st November 2009 until 31st March 2010.

Nationwide FlexAccount customers will also get an additional three months 0% interest on purchases with Nationwide’s Gold card, plus 0% interest on balance transfers for 13 months.

Nationwide's product and marketing executive director, Chris Rhodes said:

"Nationwide is committed to looking after its customers and the launch of the 'Flex Gives you more' does just this.

"Whether it's taking advantage of the 90% LTV mortgage to give first-time buyers a helping hand or competitive car and home insurance premiums, all our customers can continue to enjoy the award winning Nationwide FlexAccount with some added extras."