View more on these topics

Nationwide cuts fixed and tracker rates

Nationwide Building Society has cut fixed and tracker rates on some of its mortgage products.

From December 11, the building society will offer two year fixed rates for homebuyers from 3.69 per cent for up to 70 per cent loan to value, and a two year tracker available from 2.64 per cent up to 70 per cent LTV.

New customers can borrow up to 85 per cent LTV while existing borrowers who are moving house can borrow up to 95 per cent LTV.

The booking fee is £99 with an £896 reservation fee.

Three year fixed rates for home purchase are available from 4.39 per cent up to 70 per cent LTV and a three year tracker is available from 2.99 per cent.

Mortgage director Andy McQueen says: “We are making widespread rate cuts on the majority of our house purchase products of up to 0.29 per cent. This, together with the special offers we have available for first time buyers and house purchasers, is good news for those trying to get on the housing ladder or secure a new home.”

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com