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Nationwide reintroduces three-year fixed rate range

by Stephen Little
July 27, 2017
Nationwide plans to enter the equity release market
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nationwide2Nationwide Building Society is reintroducing its three-year fixed rate range to cater for demand for a wider choice of term.

Rates start at 1.64% with a £999 fee for customers with a 60% loan-to-value and 1.94% with no fee.

The range includes rates up to 95% LTV, which are 4.49% with a £999 fee and 4.79% with no fee.

Rates for the up to 75% LTV three-year fixed rate product are 1.69% with a £999 fee and 1.99% with no fee.

All standard mortgage valuations are now fee-free, while first-time buyers receive a £500 cashback to help with the cost of moving.

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Remortgage customers are now able to benefit from a free standard valuation and £500 cashback for legal work.

Henry Jordan, Nationwide’s director of mortgages, said: “We are reintroducing the three-year fixed rate range of products to enable members to select from a wider choice of products.

“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.”

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