Nationwide cuts tracker and fixed rates

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Nationwide Building Society

Nationwide Building Society is cutting rates across the majority of its fixed rate mortgages by up to 0.40 basis points and across the majority of tracker mortgages by up to 0.20 basis points.

New rates include:

Two-year fixed rate available at 4.29% (85% LTV) for new customers (4.19% for existing customers)

  • £900 product fee, £99 booking fee (payable upfront and non-refundable)
  • £400 discounted product fee for first-time buyers
  • No product fee rates are also available

Five-year fixed rate available at 3.49% (70% LTV) for new customers (3.39% for existing customers)

  • £900 product fee, £99 booking fee (payable upfront and non-refundable)
  • £400 discounted product fee for first-time buyers
  • No product fee rates are also available

Flexclusive four-year fixed rate available at 2.99% (70% LTV) for those customers who hold a FlexAccount with the Society as their main current account

  • £900 product fee, £99 booking fee (payable upfront and non-refundable)
  • £400 discounted product fee for first-time buyers
  • No product fee rates are also available

“These reductions clearly demonstrate our commitment to offer competitive, quality and affordable products to new and existing customers, at all LTVs, not just for those with the largest deposits,” said Tracie Pearce, head of group mortgages.

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