"These latest changes continue our existing mortgage customer pricing pledge, which promises that switcher product rates will be the same or lower than the remortgage equivalents."
- Henry Jordan, Director of Home at Nationwide
Nationwide Building Society is reducing switcher rates by up to 0.31 percentage points across its two, three and five-year fixed rate products up to 95% LTV.
From tomorrow, Friday 1st December, the new rates include a two-year fixed rate, reduced by 0.17% to 4.82% at 60% LTV.
A three-year fix is down by 0.31% to 4.89% at 75% LTV, and a five-year fix at 95% LTV is decreasing by 0.30% to 5.30%.
All products come with a £999 fee.
Nationwide is also reducing additional borrowing rates by up to 0.31%.
Henry Jordan, Director of Home at Nationwide Building Society, said: “These latest changes continue our existing mortgage customer pricing pledge, which promises that switcher product rates will be the same or lower than the remortgage equivalents.
"This is the tenth reduction in rates we have made in four months and means we continue to offer some of the most competitive rates on the market.”
