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Nationwide Building Society – Five-Year Tracker Mortgage

Type:
Tracker mortgage

Tracker term:
Five years

Tracker rate:
Up to 95% of valuation &#45 Bank of England base rate plus 0.74%, up to 90% of valuation &#45 Bank of England base rate plus 0.34 %, up to 75% of valuation &#45 Bank of England base rate plus 0.24 %

Payable rate:
Up to 95% of valuation &#45 4.74%,
up to 90% of valuation &#45 4.34%,
up to 75% of valuation &#45 4.24%

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

Income multiples:
Based on affordability calculation

Arrangement fee:
£249

Conditions:
12 months&#39 free mortgage payment protection insurance

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

Redemption fee:
5% of outstanding loan in year one,
4% in year two, 3% in year three,
2% in year four, 1% in year five

Introducer&#39s fee:
Subject to negotiation

Tel: 0800 302010

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