Nationwide Building Society cuts mortgage rates

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Nationwide Building Society cuts mortgage rates

Nationwide Building Society has reduced the price of its tracker and fixed-rate mortgage deals, it has emerged.

The building society is set to cut the rates on its two-year fixed-rate mortgages on July 9th, while it is also set to launch a new two-year tracker mortgage product.

"These price changes reinforce our message that, despite tougher market conditions, we remain very much open for business," said Matthew Carter, Nationwide's divisional director for mortgages.

According to the group, the new two-year tracker will be available from 5.78 per cent and a fee of £1,499.

Mr Carter continued: "As with all of our tracker deals, our latest offer comes with the free facility to switch-and-fix onto any appropriate Nationwide fixed rate at any time during the life of the deal, without incurring an early repayment charge."

Meanwhile, Nationwide Building Society's community and environmental affairs team is responsible for a number of community activities, including work with its charity partner, Macmillan, as well as a sponsorship deal with Disability Sport Events and Cats' Eyes for Kids.ADNFCR-323-ID-18670608-ADNFCR

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