Nationwide launches 90% LTV two-year fixed rate

Nationwide has launched a two-year fixed rate at 90% LTV for first-time buyers, home movers and existing customers moving home.

The society is offering a rate of 5.29% with a £900 product fee or 5.69% with no product fee.

The society is also make a number of other pricing changes on selected fixed and tracker mortgage rates.

It is offering a five-year fixed rate at 3.59%, up to 70% LTV, with a £900 product fee and £99 booking fee for house purchase, remortgage and existing customers.

There is also a fee free option available at 3.79% with a £99 booking fee and a £500 product fee discount for first-time buyers.

Martyn Dyson, head of mortgages at Nationwide, says: “We are continuing our support for the housing market by extending our range of 90% LTV mortgages to now include two-year fixed rate products. It means we offer a comprehensive fixed rate range at 90% LTV including two, three and five-year fixed rate deals.”