"We are making further reductions to selected rates across our fixed and tracker rate ranges, with a number of Nationwide mortgage rates reaching historic lows."
Two-year fixed rates at 75% LTV now start at 1.34% with a £999 fee and 1.74% with no fee. 90% LTV rates have been reduced to 2.19% with a £999 fee and 2.59% with no fee, the lowest rates in this range ever offered by Nationwide.
Five-year fixed rates now start at 1.84% up to 60% LTV with a £999 fee and 2.04% with no fee – also a historic low for the Society.
Selected two-year tracker rates have also been reduced, with 85% LTV rates starting at 1.54% with a £999 fee and 1.94% with no fee and those at up to 90% LTV starting at 2.19% and 2.59% respectively.
All Nationwide tracker mortgage products currently have no ERCs and existing mortgage customers benefit from a 0.10% discount on the new customer rate.
Henry Jordan, Nationwide’s Director of Mortgages, said: “We are making further reductions to selected rates across our fixed and tracker rate ranges, with a number of Nationwide mortgage rates reaching historic lows. As well as offering a wide range of competitive mortgage rates, Nationwide also offers additional benefits to first time buyers, home movers and those remortgaging to the Society.”
