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Nationwide cutting tracker rates by up to 0.5%

Nationwide Card 480

Nationwide is cutting its tracker rates by up to 0.5 per cent and selected fixed rates by up to 0.3 per cent.

A new three-year fixed rate of 2.59 per cent up to 60 per cent LTV has been added to the range, with a £900 fee.

A two-year fixed rate of 2.89 per cent has been introduced up to 75 per cent LTV with a £900 fee.

A two-year tracker rate of 2.49 per cent up to 60 per cent LTV has also been added to its product range, with a £900 fee.

The rate on all mentioned products is 0.1 per cent lower for existing borrowers.

Nationwide head of group mortgages Tracie Pearce says: “These reductions clearly demonstrate our commitment to offer competitive, quality and affordable products to both new and existing customers, at all LTVs.”

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