Nationwide cuts rates

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The Nationwide Building Society is to change rates tomorrow on its fixed and tracker rate products available to those buying a home and remortgaging.

The largest reduction of 0.59% has been made on its two-year no fee fixed rate deal available to remortgage customers up to 70% LTV.

The two-year fixed rate for remortgaging has been reduced by 0.29% and is available from 3.88% (up to 70% LTV).

Martyn Dyson, head of mortgages at Nationwide, said: “We’ve improved our range by making a raft of cuts of up to 0.59%. We are improving our great rates for borrowers buying a house

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