For first-time buyers, product fees have been cut from £400 down to £200.
At the same time Nationwide is reintroducing a 60% loan to value tier for 2-year fixed rate mortgages with rates starting from 3.49%.
Tracie Pearce, head of group mortgages product and pricing at Nationwide, said: “The addition of this fee discount means we can provide tangible support to more customers looking to fix their mortgage payments over the longer term.
“We recognise that buying a home can seem complicated and costly – particularly for first-time buyers.
“The combination of this fee discount with our existing first-time buyer discount clearly demonstrates our ongoing commitment to those looking to buy their first home by considerably reducing their upfront costs.”
