Nationwide reduces fixed and tracker mortgage rates

Wednesday, 07 April 2010 12:00

Nationwide has cut the rates on its fixed and tracker mortgages for those who are either buying a home or remortgaging.

The new rates apply to Nationwide's two and five-year deals, with the biggest cut being applied to its two-year no-fee fixed-rate mortgage for those looking to remortgage at up to 70 per cent loan-to-value (LTV).

For those who are buying a new home, the building society's two and five-year fixed-rate deals have been cut by 0.2 and 0.25 per cent respectively for 70 per cent LTVs.

A two-year tracker with rates starting at 2.68 per cent for a 70 per cent LTV is also available.

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