Nationwide shuffles mortgage rates

Author: By Sarah Griffiths
IFAonline| 03 Nov 2008 | 09:00

Categories: Mortgages

Tags:rates| Nationwide

house-1-small-jpg

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.

IFAonline

Related articles

From IFAonline

Categories

Tags

Comments

There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment

Related articles

Most Read

Audio / Visual

Coffee Lounge

Tweet dreams are made of this

Follow IFAonline on Twitter

Tweet dreams are made of this

Ensure you never miss another story by following IFAonline regularly updated news feed on Twitter.

Events

event logo

Legal and General Mortgage Market Roadshow

15 Sep 2010 - 15 Sep 2010

London, UK

event logo

Cover Protection and Health Insurance Forum 2010

07 Oct 2010 - 07 Oct 2010

London, UK

event logo

Cover Excellence Awards

07 Oct 2010 - 07 Oct 2010

London, UK

Poll

Do you believe lenders should cut rates?

Advertisement

In Focus

Viewpoints

Advertisement