Nationwide cuts mortgage rates by up to 0.25%
The new rates apply to first-time buyer (FTB), home mover, remortgage and switcher products and will be effective from tomorrow, 26th June.
Nationwide will reduce fixed mortgage rates by up to 0.25% for new and existing customers.
The new rates apply to first-time buyer (FTB), home mover, remortgage and switcher products and will be effective from tomorrow, 26th June.
The lender’s lowest fixed rate now stands at 4.19%.
FTBs will see reductions of up to 0.18% across 2-, 3-, 5- and 10-year fixed rate products up to 95% loan-to-value (LTV).
Remortgage customers will see reductions of up to 0.25% across 2-, 3- and 5-year fixed rate products up to 95% LTV.
Switchers coming to the end of their current deal will see reductions of up to 0.14% across 2-, 3- and 5-year fixed rate products up to 90% LTV.
FTBs and those moving home can also benefit from £500 cashback, and up to £500 cashback for energy-efficient properties purchased through Nationwide’s Green Reward.
Henry Jordan, group director of mortgages at Nationwide, said: “We’re delighted to be making another set of rate cuts this month.
“As an all-round lender, we’re committed to supporting all borrower types, and these latest reductions will help ensure Nationwide remains a strong choice for new and existing customers – whether they’re buying their first home, moving to their next, or looking for a new deal.”
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