Rates for the 70% LTV 10 year fixed rate product start at 2.89%, while the 80% LTV 2 year fixed rate product starts at 2.04%.
As 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, selected switcher rates will be reduced.
The Loyalty Rate Mortgages changes are as follows:
10 year fixed
- 70% LTV 10 year fixed rate product with a £999 fee reduced by 0.50% to 2.89%, and with no fee reduced by 0.50% to 2.99%.
- 75% LTV 10 year fixed rate product with a £999 fee reduced by 0.40% to 3.44%, and with no fee reduced by 0.40% to 3.54%.
5 year fixed
- 60% LTV 5 year fixed rate product with a £999 fee reduced by 0.10% to 2.24% and with no fee reduced by 0.10% to 2.44%.
- 90% LTV 5 year fixed rate product with a £999 fee reduced by 0.20% to 4.04%, and with no fee reduced by 0.10% to 4.24%.
Further changes include:
3 year fixed
- 60% LTV 3 year fixed rate product with a £999 fee reduced by 0.10% to 2.04%, and with no fee reduced by 0.10% to 2.34%.
- 80% LTV 3 year fixed rate product with a £999 fee reduced by 0.10% to 2.64%, and with no fee reduced by 0.10% to 2.94%.
2 year fixed
- 80% LTV 2 year fixed rate product with a £999 fee reduced by 0.05% to 2.04%.
- 85% LTV 2 year fixed rate product with a £999 fee reduced by 0.05% to 2.44%, and with no fee reduced by 0.05% to 2.84%.
Existing mortgage customers already benefit from an additional 0.10% discount on new customer rates.
