Nationwide reduces three-year fixed rate mortgages
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Nationwide is to decrease the interest rates of all its three-year fixed rate mortgages by up to 0.2% on Friday.
The new three-year fixed rates include a rate of 3.79% up to 70% LTV for house purchase, remortgage and switcher customers, with a £900 product fee and £99 booking fee for house purchase and remortgage and £999 for switcher customers.
New customers can borrow up to 85% LTV with rates starting from 5.29%
It is also offering a 4.09% rate up to 70% LTV for house purchase, remortgage and switcher customers, with no product fee and a £99 booking fee for house purchase and remortgage and no product fee for switchers.
Martyn Dyson, head of mortgages at Nationwide, says:“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.”
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