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First-time Buyers

Nationwide cuts cost of fixed rate deals

Paula John
Written By:
Paula John
Posted:
Updated:
07/10/2015

Nationwide is to reduce the interest rates charged on a range of its fixed rate mortgages by up to 0.45%.

 

As of Thursday 8 October, the building society’s new selection of offers will include a two-year fixed rate and a five-year fixed rate, both available up to 90% loan to value (LTV), charged at 2.79% and 3.54% respectively with a £999 fee.

Deals at 70 per cent LTV for the three-year fixed rate start at 2.14% and for the five-year fixed rate at 2.54%, both with a £999 fee.

There is also a 10-year fixed rate mortgage on offer from 3.14% with a £999 fee for customers with a 30% deposit and 3.64% with a £999 fee for customers with a 15% deposit.

These deals are available to both first-time buyers and homemovers and offered both through brokers as well as direct through Nationwide.