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Nationwide two-year tracker

Nationwide two-year tracker

Type: Capped tracker

Tracker term: Two years

Tracker rate: Cap of 7.99% during the first two years.

Up to 75% LTV — Bank of England base rate plus 0.09%, 75-95% – BBR plus 0.19%, 90-95% – BBR plus 0.29%.

Minimum loan: N/A

Maximum loan: £500,000. Larger loans subject to individual review

Income multiples: 3.5 times single

Arrangement fee: Non-refundable £150 reservation fee

Redemption fee: 2% of outstanding loan in first year, 1% in year two.

Conditions: None

Introducer’s fee: Industry standard

Tel: Contact regional director

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