New mortgage and bond deals from Nationwide

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New mortgage and bond deals from Nationwide

A new series of fixed rate mortgage products has been announced by Nationwide Building Society.

The range includes fixed deals for two-, three-, five- and ten-year deals. They are available on up to 95 per cent loan to value.

The two-year mortgage product offers a rate of 5.09 per cent in addition to a £389 reservation fee and £95 remortage administrative fee.

New and current customers both qualify for the new bonds. The minimum investment is £1 and the maximum is between £2 million to £3 million.

According to Nationwide's executive director Stuart Bernau, their competitive fixed rate mortgages are now some of the lowest available, which is great news for homebuyers and people looking to remortgage.

"With Nationwide, borrowers' savings will also continue into the future as our standard variable rate betters the major players in the mortgage market by 75 basis points," he added.

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