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Nationwide – Two-Year Tracker With Reservation Fee

Nationwide – Two-Year Tracker With Reservation Fee

Type: Tracker mortgage

Tracker term: Two years

Tracker rate: Loans up to 85% of valuation – 4.43% above the Bank of England base rate, up to 75% of valuation – 2.78% above the Bank of England base rate, up to 70% of valuation – 2.28% above the Bank of England base rate

Payable rate: Loans up to 85% of valuation – 4.93%, up to 75% of valuation – 3.28%, up to 70% of valuation – 2.78%

Minimum loan: £1

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

Income multiples: Based on affordability

Flexible features: Overpayments up to £500 a month, underpayments, payment
holidays of 3 to 12 months, lump sum withdrawals, interest calculated daily

Arrangement fee: £896 plus £99 booking fee

Redemption fee: 2.5% of the amount repaid in the first two years

Introducer¹s fee: Subject to negotiation

Tel: 0845 601 0763


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