Nationwide announces new mortgage deals
www.moneynews.co.uk > Mortgages > Nationwide announces new mortgage deals
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Money News |
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Nationwide announces new mortgage deals
Fri 27th Feb 2009
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The new deals include a two-year tracker mortgage which currently charges interest at a rate of 3.63 per cent, requires a 75 per cent loan-to-value ratio and costs £995 to arrange.
Nationwide has also announced a fixed-rate mortgage deal which will charge interest at a guaranteed rate of 4.98 per cent for the next five years and will be made available to customers who want to borrow up to 85 per cent of the value of their house.
In a statement, the building society added: "As previously announced, Nationwide's base mortgage rate will reduce by 0.5 per cent to three per cent from March 1st, in line with the Bank of England base rate cut last month."
Recently, Nationwide also announced it would drop the interest rates it pays to many of its savings account customers.
Click here for more mortgage news
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Related News : Nationwide |
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