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Nationwide – Five Year Fixed Rate Mortgage

Nationwide

Five Year Fixed Rate Mortgage

Type: Fixed-rate mortgage

Fixed term: Five years

Fixed rate: Up to 95% of valuation 5.45%, up to 90% of valuation – 4.95%

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 calculation and credit score

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

Arrangement fee: 389

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

Introducers fee: Subject to negotiation

Tel: 0800 302010

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