The reductions are 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.
The 85 per cent LTV 5 year fixed rate with a £0 fee has been reduced by 0.15% to 3.24%, and the 90 per cent LTV 5 year fixed rate with a £0 fee reduced by 0.10% to 3.84%.
Existing mortgage customers already benefit from a 0.10% discount on new customer rates.
In addition, the 85 per cent 5 year fixed rate product with a £999 fee at 3.24% will be withdrawn.
