Nationwide cuts fixed mortgage rates
Nationwide is reducing all of its two and three-year fixed mortgage rates by up to 0.3 per cent for new applications from today (July 21st).
The move means the building society will offer a best buy three-year fixed rate of 3.39 per cent on loan-to-value (LTV) ratios of up to 70 per cent.
All two-year fixed rates above 60 per cent LTV are set to drop by 0.20 per cent, while the lowest available rate will now be available for applications up to 60 per cent LTV.
Martyn Dyson, head of mortgages at Nationwide, said: "If you want certainty about what your mortgage payments will be over the next two or three years, then our latest rate cuts for two and three-year fixed rates will be music to your ears."
"Our lowest two-year fixed rate will also be available up to 60 per cent LTV, up from 50 per cent LTV, meaning more borrowers will be able to benefit from the lowest fixed rate in our current range."
Use the Myfinances.co.uk comparison tables to find the best deal on a new mortgage
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