Selected mortgage rates to be slashed by Nationwide

Selected mortgage rates reduced by Nationwide

Nationwide has announced it is to cut rates on a number of selected mortgages.
Nationwide lowers mortgage rates

New fixed-rate mortgages have been launched by Nationwide with an average reduction of 0.23 per cent.

Wednesday, 30 June 2010 12:00

Nationwide has announced it is to lower selected rates on its mortgage deals for those seeking to purchase a property.

The changes are due to come into effect tomorrow (July 1st) and the reductions range from between 0.09 percentage points and 0.29 percentage points, with 0.19 per cent due to be the average cut.

Andy McQueen, divisional director for mortgages and general insurance at the organisation, said he was delighted to announce the news that house purchasers in search of a Nationwide mortgage can enjoy such rate reductions.

He added the £300 cash-back deal for existing home loan customers who take on a new mortgage continues to be available.

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