20 Jul

Nationwide announces three new mortgage deals

Nationwide announces three new mortgage deals

Nationwide has announced that it is launching three new mortgage options for customers.

Two of these are fixed rate, with the first being a one year option available from 3.59 per cent. Existing customers can borrow up to 95 per cent loan to value (LTV).

The second is a four year deal available from 5.28 per cent and is open to existing and new customers wishing to borrow up to 95 per cent and 85 per cent LTV respectively.

Also on offer is a three year capped tracker mortgage available at 3.99 per cent.

Andy McQueen, mortgage director at Nationwide, said: "We are expanding our range of mortgages as part of our ongoing commitment to offering customers more choice."

The building society made another big mortgage announcement recently, when it revealed that it will once again allow customers to borrow up to 125 per cent of a property's value.

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