Nationwide slashes rates

Nationwide has cut its rates on its range of fixed rate mortgages.

The new rates will be available from tomorrow and include, two-year fixed rate (699 fee) with a rate at 4.88%, two-year fixed rate (399 fee) with a rate at 4.97%, three-year fixed rate (399 fee) with a rate at 5.18%.

Also included is the five-year fixed rate (399 fee) with a rate at 5.18% and ten-year fixed rate (399 fee), with a rate at 5.18%.

Steve Clode, divisional director, marketing, says: “Nationwide prides itself
on offering some of the best mortgage rates on the high street – all
borrowers, whether new or existing, can make significant savings by having their mortgage with the society.”

All of Nationwide’s fixed rate mortgages offer borrowers the flexibility to
overpay or underpay during the deal period and are available to both new and
existing borrowers.