Nationwide offers customers new reduced rates

Friday, 01 July 2011 12:36

Nationwide customers can now take advantage of reduced tracker and fixed mortgage rates, with the firm's head of mortgages describing the best-buy five-year fixed rate deal as offering "outstanding value and reassurance".

Martyn Dyson explained that this particular product will be of especial interest to consumers worried about the future movements of interest rates.

From today (July 1st), the majority of the company's tracker and fixed rates will be reduced by up to 0.65 per cent, with the five-year fixed deal at 70 per cent loan-to-value of just 3.89 per cent.

"It's a real demonstration of our mutual difference that we continue to provide really competitive deals to our mortgage customers and part of our ongoing commitment to get Britain moving," Mr Dyson went on to remark.

First-time buyers opting for a Nationwide deal this year will also still benefit from a £500 discount on all products with a fee of £900.

• Tags:
• mortgage
,
• mortgage best buys
,
• nationwide
,
• news
,
• product news