You are here: Home - Mortgages - Buy To Let - News -

Nationwide cuts mortgage rates across the board

Written by: Christina Hoghton
Nationwide has chopped interest rates on a range of its fixed, tracker and shared equity mortgages by up to 0.35%.

The reduction takes its two-year fixed rate to 1.34% – the mutual’s lowest ever fixed rate, and is available to borrowers with a 40% deposit. It comes with a £999 fee, or there is a fee-free option at 1.74%.

The building society’s three-year fixed rate mortgages start at 1.64% with a £999 fee and 1.94% with no fee.

In addition, both two-year and five-year fixed rates in the shared equity range, covering all schemes including the Help to Buy Equity Loan scheme, have been reduced, and now start from 1.54%.

Henry Jordan, Nationwide’s head of mortgages, added: “We also continue to offer additional benefits for both new and existing customers, such as a £500 cashback for first time buyers to help with moving costs, free standard valuations for all mortgage customers and the flexibility of no Early Redemption Charges for all tracker customers.”

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

ISAs: your back-to-basics guide for 2018/19

Here’s everything you need to know to make the most of your unused ISA allowance ahead of the 5 April deadli...

A guide to Sharia savings accounts

A number of Sharia savings products have upped their game in recent months, beating more familiar competitors ...

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

  • Discover how your pension can be used to make a range of investments with attractive tax advantages. By…
  • RT @Defaqto: Looking for your first job? We outline our top tips for understanding and improving your credit score. Take a look @YourMoney
  • @YourMoneyUK Biased. People don't look at this stuff rationally. They also would not buy annuities if there ware decent alternatives.

Read previous post:
How you can build income through infrastructure investing

Infrastructure funds have proved popular in the last few years, providing investors with a decent yield in the low interest...