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Nationwide – Two Year Fixed Rate No Fee

Nationwide

Two Year Fixed Rate No Fee

Type: Fixed-rate mortgage

Fixed term; Two years

Fixed rate: Loans up to 95% of valuation – 7.05%, up to 90% of valuation – 6.55%, up to 75% of valuation – 6.35%

Minimum loan: £25,000

Maximum loan: Up to 95% of valuation subject to a maximum of £500,000, up to 85% of valuation subject to a maximum of £1m

Income multiples: Based on affordability

Conditions: Loans up to 95% of valuation for existing borrowers only

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

Arrangement fee: £599, £299 for first-time buyers

Redemption fee: 1.5% of the mortgage balance in first two years

Introducer’s fee: Refer to lender

Contact: www.nationwide.co.uk/intermediaries

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