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Tuesday, 17 March 2009 10:39 |
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Nationwide Building Society has announced that, with effect from 18 March 2009, it is launching a new product range.
The range will include the following:
For those buying a home:
Two year fixed rate available from 3.88% (up to 60% LTV)
- New customers can borrow up to 85% LTV
- Existing borrowers who are moving home can borrow up to 95% LTV
- £995 reservation fee
Three year fixed rate available from 4.33% (up to 75% LTV)
- New customers can borrow up to 85% LTV
- Existing borrowers who are moving home can borrow up to 95% LTV
- £995 reservation fee (£745 for first time buyers)
Three year tracker rate available from 3.78% (up to 60% LTV)
- New customers can borrow up to 80% LTV (previous maximum of 75% LTV)
- Existing borrowers who are moving home can borrow up to 95% LTV
- £995 reservation fee
In addition, a new LTV tier of 75 to 80% has been introduced for those moving home.
For those remortgaging or switching at the end of their deal:
Three year fixed rate available from 4.38% (up to 60% LTV)
- Remortgage customers can borrow up to 85% LTV
- Existing borrowers can borrow up to 95% LTV
- £299 reservation fee for existing customers switching at end of current deal
- £995 reservation fee
Two year tracker rate available from 3.93% (up to 60% LTV)
- Remortgage customers can borrow up to 75% LTV
- Existing customers can borrow up to 95% LTV
- £299 reservation fee for existing customers switching at end of current deal
- £995 fee for new customers
Three year tracker rate from 3.78% (up to 60% LTV)
- Remortgage customers can borrow up to 75% LTV
- Existing customers can borrow up to 95% LTV
- £299 reservation fee for existing customers switching at end of current deal
- £995 fee for new customers
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