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Nationwide – 10 Year Fixed Rate Mortgage

Nationwide

10 Year Fixed Rate Mortgage

Type: Flexible fixed-rate mortgage

Fixed term: 10 years

Fixed rate: Loans up to 95% of valuation 5.59%, up to 90% of valuation – 5.09%

Minimum loan: 1

Maximum loan: Up to 95% of valuation subject to a maximum of 200,000, up to 90% of valuation subject to a maximum of 300,000, up to 85% of valuation subject to a maximum of 400,000, up to 80% of valuation subject to a maximum of 700,000, up to 75% of valuation subject to a maximum of 1m, up to 60% of valuation subject to no maximum

Income multiples: Based on affordability and credit score

Conditions: Free valuation and legal fees for remortgages, free mortgage payment protection insurance for three months

Flexible features: Overpayments of up to 500 a month, underpayments, payment holidays, lump sum withdrawals, interest calculated daily

Arrangement fee: 389 plus 95 administration fee for remortgages

Redemption fee: 5% of mortgage balance in year one, 4.5% in year two, 4% in year three, 3.5% in year four, 3% in year five, 2.5% in year six, 2% in year seven, 1.5% in year eight, 1% in year nine, 0.5% in year 10

Introducers fee: Subject to negotiation

Tel: 0800 302010

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