Nationwide is to decrease the interest rates of all its three-year fixed rate mortgages by up to 0.2 per cent.
Three-year fixed rates include:
3.79 per cent (up to 70 per cent LTV) for house purchase, remortgage and switcher customers
House purchase and remortgage: £900 product fee, £99 booking fee (non-refundable and payable up front)
Switcher: £999 product fee
No standard valuation or standard legal fees for remortgage customers
New customers can borrow up to 85 per cent LTV with rates starting from 5.29 per cent
4.09 per cent (up to 70 per cent LTV) for house purchase, remortgage and switcher customers
House purchase and remortgage: no product fee, £99 booking fee (non-refundable and payable up front)
Switcher: no product fee
No standard valuation or standard legal fees for remortgage customers
New customers can borrow up to 85 per cent LTV with rates starting from 5.59 per cent
Martyn Dyson, Nationwide’s head of mortgages, said: “Whether you’re buying a house, remortgaging or switching at the end of your Nationwide mortgage deal, you’ll be able to take advantage of our improved three-year fixed rates.
“Switcher customers continue to receive £300 cash-back, plus are able to enjoy rates that are no higher than those for house purchase and remortgage customers.”
All other mortgages by Nationwide, including its five-year fixed rate at 4.39 per cent up to 70 per cent LTV, remain unchanged.
