Nationwide Building Society has cut all five-year fixed mortgage rates by 0.10 percentage points and all two-year tracker mortgage rates by 0.15 percentage point for new applications.
The details are as follows:
<strong>Five-year fixed rate available at 3.99% (up to 70% LTV)</strong>
No product fee, £99 booking fee (payable upfront and non-refundable) for house purchase and remortgage customers.
Other rates up to 85% LTV also available.
<strong>Five-year fixed rate available at 3.79% (up to 70% LTV)</strong>
£900 product fee, £99 booking fee (payable upfront and non-refundable) for house purchase, and remortgage customers.
£500 product fee discount for first-time buyers.
Other rates up to 85% LTV also available.
Deals with no product fee are also available.
<strong>Two-year tracker rate available at 2.44% (Bank of England Base Rate + 1.94%) (up to 70% LTV)</strong>
£900 product fee, £99 booking fee (payable upfront and non-refundable) for house purchase and remortgage customers.
£500 product fee discount for first-time buyers.
Deals with no product fee are also available.
Martyn Dyson, head of mortgages at Nationwide, said: “Five-year fixed rate mortgages can be ideal for customers who prefer more certainty about their mortgage payments
