The Nationwide makes rate changes

Published on

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.””

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

UK property transactions rebound sharply in June as market regains momentum

UK property transactions surged in June pointing to renewed confidence in the housing and...

NatWest Group enters buy-to-let through Landbay partnership

NatWest Group has announced a strategic move into the buy-to-let mortgage market through a...

One in five landlords now use limited companies for buy-to-let mortgages

The proportion of landlords turning to limited company structures to manage their buy-to-let holdings...

Acre expands partnership with Iress to include protection sourcing

Acre has strengthened its ties with fintech provider Iress by selecting the firm to...

Developer returns to Aspen after swift 10-day £750k bridge

Aspen Bridging has secured repeat business from a UK developer following the swift delivery...

Latest publication

Latest opinions

URGENT! AI Is coming for you. Or maybe not…

I’ll try to make this as straight to the point as I can. The...

Mind the gap: Can mortgage advice change the game for protection?

Many industry insiders still talk about the UK protection gap and how vast it...

Navigating HMO and MUFB complexity with confidence

Historically, larger Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs) have often...

Why we shouldn’t wait for the FCA to act on later life lending

It might feel odd to be talking about a new year, when we’re barely...

Other news

UK property transactions rebound sharply in June as market regains momentum

UK property transactions surged in June pointing to renewed confidence in the housing and...

NatWest Group enters buy-to-let through Landbay partnership

NatWest Group has announced a strategic move into the buy-to-let mortgage market through a...

One in five landlords now use limited companies for buy-to-let mortgages

The proportion of landlords turning to limited company structures to manage their buy-to-let holdings...