Nationwide has made rate changes to its two-year and three-year tracker rate mortgages for house purchase and remortgage customers.
A two-year tracker rate is now available at 2.79%, up to 70% LTV. It comes with a £900 product fee and a £99 booking fee (payable upfront and non-refundable). There are no standard valuation or standard legal fees for remortgage customers. New customers can borrow up to 85% LTV with rates starting from 4.29%.
A three-year tracker rate is available at 2.89% (up to 70% LTV), while two and three-year, no fee tracker rates are available at 3.19% (up to 70% LTV).
Nationwide has also increased its maximum loan size to £2 million on its no-fee deals up to 75% LTV. This change is as a result of an increase in demand for larger mortgages, the mutual says.
