View more on these topics

Nationwide to cut 95% range by up to 40bps

Home-House-Monopoly-Money-Property-700x450.jpg

Nationwide will cut rates on its 95 per cent LTV fixed rate mortgages by up to 40 basis points from tomorrow.

Rates for the lender’s two-year fixes will be cut by 35 basis points. From tomorrow it will offer a 3.89 per cent product with a £999 fee and a 4.29 per cent product with no fee.

Three-year 95 per cent LTV fixed rates will be reduced by 40 basis points to 4.39 per cent with a £999 fee and 4.69 per cent with no fee.

Nationwide’s five-year fixed rates will be cut by 30 basis points to 4.69 per cent with a £999 fee and 4.89 per cent with no fee.

Nationwide head of mortgages Henry Jordan says: “As part of Nationwide’s range of measures to help first time buyers on to the housing ladder, we are reducing rates for those with smaller deposits looking for competitive mortgage deals and payment security over a range of terms.”

Recommended

Nationwide-Building-Logo-Closeup-700x450.jpg

Nationwide reports record lending as profits surge

Nationwide has reported record gross lending figures in the first half of the financial year as pre-tax profits soared 34 per cent. The building society’s interim results for the six months to 30 September, published this morning, reveal gross lending surged 14 per cent year-on-year, from £13.1bn to £14.9bn. The firm’s gross market share has […]

Nationwide-Building-Logo-Closeup-700x450.jpg
3

Nationwide removes valuation fees across range

Nationwide Building Society has removed all standard valuation fees from its mortgage range. The mutual says the average house purchase customer will save around £200 as a result of the move. Borrowers opting for a more detailed homebuyers report will now pay a top-up fee, which starts from £150 and depends on the value of […]

Equity-release-house-home-700.jpg

Mansfield lanches 95% LTV deals starting at 3.85%

Mansfield Building Society has launched two new 95 per cent LTV mortgage deals via intermediaries with rates starting at 3.85 per cent The two-year fixed rate has a rate of 4.69 per cent, an application fee of £199 and completion fee of £800. Basic valuation fees up to £400 will be refunded. The building society […]

Money-Notes-Currency-GBP-700.jpg

Nottingham opens up 95% range to brokers

Nottingham Building Society has opened up its 95 per cent LTV products to brokers. This is the first time the Nottingham’s 95 per cent range has been available through intermediaries, having previously being offered solely through its branches. The lender has two products: a three-year fixed rate at 4.59 per cent and a five-year fixed […]

Newsletter

News and expert analysis straight to your inbox

Sign up