You are here: Home -

Fixed and tracker rates cut by Nationwide

0
Written by:
12/04/2017
The mutual has reduced the cost of mortgages across its range
Fixed and tracker rates cut by Nationwide

Nationwide Building Society has announced it is cutting rates on a selection of its two and five-year fixed and tracker mortgage products by up to 0.20%.
 
Rates in the two-year fixed rate product range have been reduced by up to 0.15%. The two-year fixed rate product for borrowers with a 40% deposit is now 1.19% with a £999 fee and 1.59% with no fee. Five year fixes start at 1.89% with a £999 fee.

Those with just a 10% deposit, predominantly first-time buyers, rates have been reduced to 2.24% with a £999 fee and 2.64% with no fee.
 
On track

Selected tracker rates have also been reduced, with the two-year tracker for those with a 40% deposit starting at 1.19% with a £999 fee and 1.59% with no fee.

The five-year tracker with a £999 fee has been cut by 0.20% and now starts at 1.69%.
 
All standard mortgage valuations with the lender are now fee-free, while first-time buyers receive a £500 cashback to help with the cost of moving. Remortgage customers are able to benefit from a free standard valuation and the choice between free standard legal work and £250 cashback.
 

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Save money now!

See how much you could potentially save by remortgaging to a different product

Your Mortgage Guides

Guide to Offset Mortgages

Download our handy guide to offset mortgages, brought to you in partnership with Scottish Widows Bank

Read More >

How much can you borrow?

A calculator designed to help you understand how much you can borrow towards your property
Read previous post:
family
Half of first-time buyer deposits come from family members

More than half of first-time buyers depend on members of their family to help them amass enough money for a...

Close