As part of their wider ‘Helping Move the Nation’ campaign, Nationwide has launched a great offer for anyone moving home or looking to buy their first property. Their normal product fee of £900 has been reduced to just £400, saving homebuyers a full £500 off the cost of their new mortgage arrangement.
Product fees are an upfront price tag attached to a particular mortgage product and are usually used by lenders as part of the overall pricing of the mortgage deal. For example, Nationwide’s most competitive rates usually carry a £900 product fee. Many providers charge product fees of £1000 or more.
Therefore, as the general cost of buying a property and moving continues to rise, a large upfront fee saving is something most people are likely to view as a key benefit when moving home or when taking their first step on to the property ladder.
Positioning themselves very clearly in the market as ‘The Mortgage Experts’, the UK’s largest building society has been providing mortgages for over 160 years. £500 off product fees for all homebuyers* is also available to existing mortgage customers moving home with the Society, in addition to the £300 they receive as a loyalty reward for taking a new Nationwide mortgage product when moving home.
For information on the Nationwide £500 off mortgage product fees offer or to learn about other special offers, visit nationwide.co.uk/mortgages
*Eligibility and Terms and Conditions apply.
