Nationwide announces new mortgage deals

Two year tracker rate from 3.63% (on mortgage deals up to 60% LTV)

New customers can borrow up to 75% Loan to Value (LTV)

Existing borrowers who are moving home or switching between products at the end of their current deal can borrow up to 95% LTV

£995 reservation fee

Three year tracker rate from 3.58% (on mortgage deals up to 60% LTV)

Nationwide's three year tracker is one of the most competitive in the market

New customers can borrow up to 75% Loan to Value (LTV)

Existing borrowers who are moving home or switching between products at the end of their current deal can borrow up to 95% LTV

£995 reservation fee (£299 for first time buyers)

Five year fixed rate from 4.98% (on mortgage deals up to 60% LTV)

New customers can borrow up to 85% Loan to Value (LTV)

Existing borrowers who are moving home or switching between products at the end of their current deal can borrow up to 95% LTV

£995 reservation fee

As previously announced, Nationwide's Base Mortgage Rate (BMR) will reduce by 0.50% to 3.00% from 1 March, in line with the Bank of England Base Rate cut last month.