Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleNationwide Building Society is implementing mortgage rate cuts of up to 0.25 percentage points across its fixed-rate products, effective from Wednesday. The reductions apply to two, three, five, and 10-year fixed-rate deals, including options for home movers and remortgages. A two-year fixed-rate home mover mortgage for borrowers with a 40 per cent deposit will decrease to 3.64 per cent, while a similar remortgage option will be 3.79 per cent, both incurring a £1,499 fee. Existing Nationwide customers can secure a fee-free two-year fixed rate of 4.79 per cent with a 10 per cent deposit, representing the maximum 0.25 percentage point reduction. These rate adjustments are being made ahead of the Bank of England's base rate decision and follow a recent dip in average mortgage rates below 5 per cent in November. In fullMajor UK bank slashes mortgage rates as low as 3.64 per centThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
UK bank to launch brand new competitive mortgages
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleNationwide Building Society is implementing mortgage rate cuts of up to 0.25 percentage points across its fixed-rate products, effective from Wednesday. The reductions apply to two, three, five, and 10-year fixed-rate deals, including options for home movers and remortgages. A two-year fixed-rate home mover mortgage for borrowers with a 40 per cent deposit will decrease to 3.64 per cent, while a similar remortgage option will be 3.79 per cent, both incurring a £1,499 fee. Existing Nationwide customers can secure a fee-free two-year fixed rate of 4.79 per cent with a 10 per cent deposit, representing the maximum 0.25 percentage point reduction. These rate adjustments are being made ahead of the Bank of England's base rate decision and follow a recent dip in average mortgage rates below 5 per cent in November. In fullMajor UK bank slashes mortgage rates as low as 3.64 per centThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
