Nationwide cuts remortgage rates
Nationwide cuts remortgage rates by up to 0.20 per cent on selected remortgage products.
The rate cuts will improve the competitiveness of Nationwide’s remortgage range and the average cut will be 0.15 per cent.
The remortgage product range from Nationwide will include the following:
Two-year fixed rate reduced by 0.19 per cent available at 3.39 per cent (up to 70 per cent LTV)
Three-year fixed rate reduced by 0.09 per cent available at 4.09 per cent (up to 70 per cent LTV)
£896 product fee
£99 booking fee (payable upfront and non-refundable)
No standard valuation or standard legal fees
New customers can borrow up to 85 per cent LTV
Two-year fixed rate reduced by 0.19 per cent available at 3.79 per cent (up to 70 per cent LTV)
Two-year fixed rate reduced by 0.19 per cent available at 4.29 per cent (70-75 per cent LTV)
No product fee
£99 booking fee (payable upfront and non-refundable)
No standard valuation or standard legal fees
New customers can borrow up to 85 per cent LTV
Andy McQueen, divisional director for mortgages and general insurance at Nationwide, said: “We are reducing rates by up to 0.20 per cent across our range of products which is great news for customers seeking to remortgage. For example, our two-year fixed rates are now particularly attractive, starting from 3.39 per cent for customers wanting a mortgage of up to 70 per cent of the property value.”