Nationwide offers three-year fix at 2.89%
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Nationwide is reducing the majority of its two-year and three-year fixed mortgage rates for new applications and offering a three-year fixed rate with a £999 fee at 2.89%, up to 70% LTV.
From tomorrow it is reducing its two-year fixed mortgage rates by 0.25% and selected three-year fixed mortgage rates by 0.50%.
The rate improvements mean Nationwide will offer a three-year fixed rate at 2.89%, up to 70% LTV with a £900 product fee and £99 booking fee.
It is also offering a two-year fixed rate at 2.64% up to 60% LTV, with a £900 product fee and £99 booking fee for house purchase and remortgage customers and a £500 product fee discount for first-time buyers
Martyn Dyson, head of mortgages at Nationwide, says: “We only reduced our five-year fixed mortgage rates last week, so this latest set of improvements is further great news for brokers and their clients who are looking for new fixed rate deals.
“With our new market-leading three-year product, you could fix for three years at less than 3%.”
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