LONDON, UNITED KINGDOM — (Marketwire) — 01/15/13 — From Friday 11 January, Nationwide Building Society is reducing its three and five-year fixed rates by 0.10 per cent.
Tracie Pearce, Nationwide-s Head of Group Mortgages, Product & Pricing, said: “We are welcoming in the New Year with some exciting new .
“All customers can benefit from the reductions. It means the introduction of three-year fixed rates at just 2.69 per cent, and five-year fixed rates at 2.99 per cent. Existing customers still get access to our best deals, priced 0.10 per cent below our new rates.
“It comes within days of the Society announcing rate cuts for those looking to buy a new build property and proves Nationwide is truly open for business.”
Nationwide-s mortgage range now includes:
Three-year fixed rate available for new customers at 2.69% (up to 60% LTV), 2.59% for existing customers
– GBP 900 product fee for house purchase, and existing customers moving home
– GBP 400 product fee for first-time buyers
– GBP 99 booking fee (payable upfront and non-refundable)
Three-year fixed rate available for new customers at 4.59% (up to 90% LTV), 4.49% for existing customers
– GBP 900 product fee for house purchase, remortgage and existing customers moving home
– GBP 400 product fee for
– GBP 99 booking fee (payable upfront and non-refundable)
Five-year fixed rate available for new customers at 2.99% (up to 60% LTV), 2.89% for existing customers
– GBP 900 product fee for house purchase, remortgage and existing customers moving home
– GBP 400 product fee for first-time buyers
– GBP 99 booking fee (payable upfront and non-refundable)
Notes to editors
Key features of the fixed and tracker mortgage product range for new applications
About Nationwide Building Society
Nationwide is the world-s largest building society as well as the second largest savings provider and a top-three provider of in the UK. It is also a major provider of , , and . Nationwide has around 15 million members.
Since the credit crunch began in 2007, Nationwide has remained profitable against a very difficult economic environment. In the half year ending September 2011 Nationwide made a strong underlying profit of GBP 172 million – up 17% from the previous year.
Customers can manage their finances in branch, on the telephone, internet and post. The Society has around 16,000 employees. Nationwide-s head office is in Swindon with administration centres based in Northampton, Bournemouth and Dunfermline. The Society also has a number of call centres across the UK.
Find recent press releases and photos at the Nationwide Media Centre: .
Contacts:
Nationwide Building Society
Myra Butterworth
01793 655773
Nationwide Building Society
Michelle Slade
01793 657225