View more on these topics

Nationwide cuts rates on fixed and tracker mortgages by up to 0.20%

Nationwide Building Society is cutting rates on selected two and five year fixed and tracker mortgage products by up to 0.20 per cent from tomorrow, 12 April.

Rates in the two year fixed product range up to 60, 85 and 90 per cent loan to value (LTV) have been reduced by up to 0.15 per cent with the 60 per cent 2 year fixed rate product starting at 1.19 per cent with a fee of £999 and 1.59 per cent with no fee.

For those with a 10 per cent deposit rates have been reduced to 2.24 per cent with a £999 fee and 2.64 per cent with no fee.

The five year fixed rate product with a 40 per cent deposit now starts at 1.89 per cent with a £999 fee and 2.09 per cent with no fee.

Selected tracker rates have also been reduced, with the two year tracker at up to 60 per cent LTV starting at 1.19 per cent with a £999 fee and 1.59 per cent with no fee.

The five year tracker with a £999 fee has been cut by 0.20 per cent and now starts at 1.69 per cent for up to 60 per cent LTV products.

All Nationwide tracker mortgage products currently have no ERCs.


Atom Bank price matches five year fixes at two-year rates

Digital Mortgages by Atom bank is price-matching its five year fixed rate mortgages at two-year rates for a limited time, a move it calls ‘unprecedented.’ The bank is aligning rates across short and longer term fixes to allow customers to fix their mortgage rates for longer. The rates are as follows: 60% LTV with £900 […]

lifetime lease purchases

What is a lifetime lease purchase?

Lifetime lease purchase deals involve raising finance but not on current properties. Rather, they are taken out when consumers move home. They are called lifetime lease schemes. Although not identical to sell-and-rent-back options, they are unregulated too. Lifetime leases are designed for clients who want to move but either cannot afford to or don’t want […]


Which way for mortgage rates in 2017?

Following an avalanche of rate cuts, the mortgage industry should brace itself for a possible upward turn as lender costs and inflation rise, experts advise The trend for mortgage rate cuts is coming to an end and both brokers and clients should prepare for hikes this year, according to industry experts. Meanwhile, lending giants including […]

Default image

Health Shield announces strong results

Health Shield, a corporate health cash plan provider, has announced that it has increased gross annual premium income to more than £25m in another year of strong organic growth.

Frexit & contagion risk in Europe

Many commentators have suggested that the UK’s exit from the European Union will trigger a domino effect, leading to its eventual break-up. Neptune’s Rob Burnett discusses the likelihood of this happening. Read more: Important information Investment risks Neptune funds may have a high historic volatility rating and past performance is not a guide for future […]


News and expert analysis straight to your inbox

Sign up

Why register with Mortgage Strategy?

Mortgage Strategy continues to be the market-leading B2B mortgage publication in the UK, and provides trusted, independent insight with the aim of helping, promoting and analysing the latest developments for mortgage professionals.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Mortgage Strategy Events
Be the first to hear about our industry leading conferences, awards, webinars and more.

Research and insight
Take part in and see the results of Mortgage Strategy's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now