Low cost mortgages

finance2

Nationwide Building Society today announced details of its new lower fixed rate mortgages. The rates on the 2, 3 and 5 year products have been reduced, by 0.44%, 0.34% and 0.14% respectively, and a new 1 year product has been launched. The new highly competitive rates are available from 22 August.

1 year fixed rate available from 4.95%

2 year fixed rate available from 5.45%

3 year fixed rate available from 5.55%

5 year fixed rate available from 5.75%

Stuart Bernau, Nationwide marketing and commercial director, said: "These new fixed rates underline our commitment to offer borrowers excellent value. The combination of competitive rates, flexibility and no hidden fees makes Nationwide an ideal choice. Unlike most of our competitors, we offer the same great products to new borrowers and existing members alike."

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