They are now offering two fixed and two tracker rate products available for both new and existing customers below 2 per cent and new customers can access rates of 1.94 per cent up to 60 per cent LTV and 1.99 per cent for those two year fixed and tracker products up to 70 per cent LTV. An additional 0.1 per cent reduction is available on all rates for new applications from existing mortgage customers.
Additionally Nationwide has introduced a new 2.29 per cent three-year fixed rate up to 70 per cent LTV, or 2.19 per cent for existing customers. For each of these newly-adjusted products first time buyers will pay a reduced fee of £400 instead of the full £900 product fee.
According to the building society, none of its mortgage rates are being increased. Many other mortgage provides will be looking to follow suit, as you will know if you are looking to buy it is a highly competitive market. At Enable our experienced IFA’s can help you make sense of the figures.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Issued by: Enable Independent Financial Life Planners
25c North Street, Bishops Stortford, Herts CM23 2LD
Telephone: 01279 755950 - Fax: 01279 657339
Enable Independent Financial Life Planners is a trading style of Enable Independent Limited is authorised and regulated by the Financial Conduct Authority.
It is important always to seek independent financial advice before making any decision regarding your finances. If you would like any assistance, please contact us.
NOTHING CONTAINED IN THE ARTICLES SHOULD BE CONSIDERED AS GIVING INDIVIDUAL FINANCIAL ADVICE.
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