Nationwide launches 2-yr 90pc LTV range

Products include a 5.29% 2-year fixed rate with a £999 product fee available at 90% LTV.

A fee-free version is also available at 5.69% with a £99 product fee.

The lender has also increased rates on its 2-year fixes from 60.01% up to 85% LTV by 0.10%. Rates available up to 60% LTV will remain the same.

Nationwide’s 5-year fixed rates above 85% LTV have been increased by 0.10% and 2-year and 3-year have also seen rate increases of 0.15%.

Brokers have been given until 5pm today to reserve products through NFI Online or via the Mortgage Trading Exchange.

Martyn Dyson, head of mortgages at Nationwide, said: “We are continuing our support for the housing market by extending our range of 90% LTV mortgages to now include 2-year fixed rate products.

"It means we offer a comprehensive fixed rate range at 90% LTV including two, three and five year fixed rate deals, offering some of the best low deposit deals currently available.”