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News - Mortgages
Categories: Mortgages
Tags:Rates| Nationwide
Nationwide Building Society will cut the price of some of its two year fixed rate deals, while increasing rates on selected tracker products.
Changes will come into effect from 1 November.
A two year fixed rate mortgage with a £599 fee is available from 5.59%. A two year fixed rate with no fee and 60% LTV has fallen from a previous rate of 6.48% to 5.99%, while there will be no change for rates fixed for over three years.
Most tracker rate products will see an increase. For example, a two year tracker with £599 fee and 60% LTV will rise from 5.68% to 6.08%.
Matthew Carter, divisional director for mortgages at Nationwide, says: "The wholesale markets continue to be unpredictable and we will continue to monitor and respond to market conditions and competitor activity."
Customers can call: 0800 30 20 10 for more information.
IFAonlineCategories: Mortgages
Tags: Rates| Nationwide
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