Nationwide is reducing selected two-year fixed rates by up to 0.10% for existing mortgage customers looking for a new deal.
The new rates, which apply from today, start at 1.54% for a two-year fixed rate to 70% LTV.
Nationwide's two-year fix to 75% LTV starts at 1.64%.
Selected switcher rates will also be reduced as part of the Nationwide Loyalty Rate Mortgages initiative, which compares the Society's mortgage rates for existing customers to those of its top six high street competitors.
Loyalty Rate Mortgages changes:
Two-year fixed rate product to 70% LTV with a £999 fee reduced by 0.10% to 1.54%.
Two-year fixed rate product to 70% LTV with a £0 fee reduced by 0.10% to 1.94%.
Two-year fixed rate product to 75% LTV with a £999 fee reduced by 0.05% to 1.64%.
Two-year fixed rate product to 75% LTV with a £0 fee reduced by 0.05% to 2.04%.
Existing mortgage customers already benefit from a 0.10% discount on new customer rates.
The Loyalty Rate Mortgages initiative is only available to Nationwide's existing mortgage customers who are looking to switch deal.
Nationwide does offer a core range of competitive rates for all mortgage applicants, as well as a £500 cashback for first-time buyers.
Remortgage customers benefit from free standard valuation and the choice between free standard legal work and £250 cashback.
Comments