View more on these topics

Nationwide to reduce five-year fixes by 0.1%

Nationwide is to reduce all of its five-year fixed rates by 0.1 per cent for new applications.

From September 1, Nationwide will offer a five-year fixed rate mortgage at 3.69 per cent up to 70 per cent loan-to-value. The product comes with a £900 product fee and a £99 booking fee.

There will also be a five-year fixed with no product fee and a £99 booking fee. It is available at 3.89 per cent up to 70 per cent LTV.

Head of mortgages Martyn Dyson says: “We know from our mortgage consultants and brokers that five-year fixed rate products are popular with borrowers, so our latest rate reduction ensures our deals continue to be amongst the most competitive in the market place.”

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment