Nationwide cuts rates for purchasers

The reductions range between 0.09% and 0.29% points, with the average cut being 0.19%.

For those buying a home, the mortgage product range includes the following:

Two-year fixed rate reduced by 0.19% available at 3.19% (up to 70% LTV)

  • New customers can borrow up to 85% LTV
  • Existing borrowers who are moving home can borrow up to 95% LTV
  • £99 booking fee (payable upfront and non-refundable)
  • £896 product fee
Three-year fixed rate reduced by 0.09% available at 3.89% (up to 70% LTV)
  • New customers can borrow up to 85% LTV
  • Existing borrowers who are moving home can borrow up to 95% LTV
  • £99 booking fee (payable upfront and non-refundable)
  • £896 product fee
  • £500 discount on product fee for first time buyers
Five-year fixed rate reduced by 0.19% available at 4.49% (up to 70% LTV)
  • New customers can borrow up to 85% LTV
  • Existing borrowers who are moving home can borrow up to 95% LTV
  • £99 booking fee (payable upfront and non-refundable)
  • £896 product fee
  • £500 discount on product fee for first time buyers
Three-year tracker reduced by 0.29% available at 2.69% (up to 70% LTV)
  • New customers can borrow up to 85% LTV
  • Existing borrowers who are moving home can borrow up to 95% LTV
  • £99 booking fee (payable upfront and non-refundable)
  • £896 product fee
  • £500 discount on product fee for first time buyers