The Nationwide makes rate changes

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Nationwide Building Society has reduced rates available between 75% and 85% LTV on its five-year fixed rate mortgage by 0.10 percentage points.

Meanwhile, two and three-year fixed and tracker rates available up to 70% LTV are being increased by between 0.05 and 0.10 percentage points.

Martyn Dyson, head of mortgages at Nationwide, said: “Nationwide is committed to helping borrowers with smaller deposits obtain competitive mortgage rates. The 0.10% reduction [sic] on our five-year fixed rates between 75% and 85% LTV will help those who have a smaller deposit and who are looking for a longer term fix.””