View more on these topics

Nationwide introduces two-year tracker

Nationwide is making some changes to its mortgage products, including the launch of a two-year tracker mortgage.

The society is also extending the choice of mortgage products available to existing borrowers who are moving home and require additional borrowing at higher loan to values. These changes will be effective from December 17 2008.

Matthew Carter, divisional director of mortgages at Nationwide, says: “We are pleased to be in a position to re-enter the tracker mortgage market with a new two year product.

“Nationwide borrowers already benefit from a range of flexible features including the ability to move their existing mortgage without additional charge. As part of our ongoing commitment to existing borrowers during these difficult times, we have introduced a new, higher, LTV tier.

“The new tier, which is available to Nationwide customers who are moving home and require additional borrowing, will ensure that they continue to benefit from a range of fixed and tracker mortgage options.”

Recommended

Action is better than inaction

In recent weeks we have seen a number of legislative changes designed to reduce the number of repossessions.

Moneyextra.com grabs top online talent

Moneyextra.com has poached Richard Mason, former head of Moneysupermarket. com, and Jennifer Rose, former PR manager at Confused.com, to overhaul its website.

How to use wills to protect your clients’ wishes

March was Free Wills Month! Free Wills Month brings together a group of well-respected charities to offer members of the public aged 55 and over the opportunity to have their simple wills written or updated free of charge by using participating solicitors in selected locations around England and Wales. Research by the Law Society* highlighted that only 64 […]

Newsletter

News and expert analysis straight to your inbox

Sign up