Nationwide is cutting selected three-year fixed rates for existing Nationwide mortgage customers looking for a new deal tomorrow (12 November).

As part of the Nationwide Loyalty Rate Mortgages initiative, which compares the Society’s mortgage rates for existing customers to those of its top six high street competitors, selected switcher rates will be reduced by 0.10 percentage points.

The Loyalty Rate Mortgages changes are as follows:

• 90% LTV three-year fixed rate with a £999 fee reduced by 0.10 percentage points to 3.94%.
• 90% LTV three-year fixed rate with no fee reduced by 0.10 percentage points to 4.24%.

Existing mortgage customers already benefit from an additional 0.10 percentage point discount on new customer rates.