Nationwide for Intermediaries - Product News

New simplified product range available 11 June

Nationwide Building Society — Thu, 10 Jun 2010 12:00:00 GMT

From 11 June we'll be simplifying our product range and lending limits. This change is part of NFI's commitment to offering a straightforward range of mortgages, making it easier for your clients to understand the options available to them. We will also be reducing rates by up to 0.96% on selected products.

5 year fixed rate mortgages reduced by up to 0.31%

Nationwide Building Society — Mon, 24 May 2010 12:00:00 GMT

From 25 May 2010 we will be reducing rates across our range of 5 year fixed rate mortgages for home buyer and remortgage customers. In addition to reduced rates, first time buyers can also benefit from a further £500 product fee discount on our improved range.

Nationwide - selected rates reduced by up to 0.60%

Nationwide Building Society — Mon, 10 May 2010 12:00:00 GMT

We are pleased to announce that from 11 May 2010 we will be reducing rates on selected fixed and tracker products by up to 0.60%. We will also be increasing the maximum LTV for remortgage clients with tracker products now available up to 85%.

New simplified product range

Nationwide Building Society — Wed, 03 Mar 2010 12:00:00 GMT

We have listened to your feedback and have reviewed our product range. From 4 March 2010 we'll be withdrawing House Purchase and First Time Buyer products with Free Legal Fees. To support first time buyers we still offer a range of products with a reduced product fee of £495.

Further improvements to mortgage range - LTV tiers extended

Nationwide Building Society — Mon, 08 Feb 2010 12:00:00 GMT

Purchase rates reduced at higher LTVs by up to 0.60%

Nationwide Building Society — Thu, 07 Jan 2010 12:00:00 GMT

From 8 January 2010 we'll be making it more affordable for first time buyers and anyone moving home with smaller deposits to take out a Nationwide mortgage, by reducing selected fixed and tracker rates by up to 0.60%.

Purchase rates reduced by up to 0.29%

Nationwide Building Society — Thu, 10 Dec 2009 12:00:00 GMT

From 11 December 2009 we'll be making it more affordable for first time buyers and anyone moving home to take out a Nationwide mortgage, by reducing selected fixed and tracker rates by up to 0.29%.

Reduced fixed and tracker rates on selected products

Nationwide Building Society — Thu, 05 Nov 2009 12:00:00 GMT

From Friday 6 November 2009, we are pleased to announce that selected fixed rate and tracker products will be reduced by up to 0.31%. Key house purchase product changes include 2 year fixed rate products available from 3.78%, with 2 year tracker products available from 2.78% - both available up to 70% LTV with a £995 fee.

Trackers available up to 85% LTV

Nationwide Building Society — Tue, 27 Oct 2009 12:00:00 GMT

From Friday 30 October 2009 we will be increasing our LTV limit for tracker products. New customers moving house and first time buyers will benefit from up to 85% LTV on tracker products. This will allow customers with smaller deposits to take advantage of our competitive tracker range.

Introducing new products with free legal fees*

Nationwide Building Society — Thu, 15 Oct 2009 12:00:00 GMT

From 16 October 2009, selected First Time Buyer products will qualify for either a £500 reservation fee discount or a £250 reservation fee discount with free legal fees*. Selected house purchase products will qualify for free legal fees*. We will also be making rate reductions across our product range.

Nationwide - Purchase Rates Reduced

Nationwide Building Society — Thu, 01 Oct 2009 12:00:00 GMT

From 2 October 2009 we will be extending our 0-60% LTV rate availability to 0-70% LTV for selected 2 year Purchase products and 0-75% for selected 3 year Purchase products, this will allow customers with smaller deposits to take advantage of even lower rates. In addition, we have reduced some key rates across the Purchase range, and we will no longer offer Self Build mortgages.

Launch of no ERC 2 year tracker for house purchase and further advance from 4.99%

Nationwide Building Society — Thu, 10 Sep 2009 12:00:00 GMT

From 11 September 2009 we will be adding to our product range and making changes to our rates including the launch of two no ERC 2 year trackers for Purchase from 4.99% with reservation fees from £896, the launch of no ERC 2 year tracker for Further Advance from 4.99% with £995 fee, a decrease in reservation fee on our 2 year fixed product from £500 to £396, a decrease in selected fixed and tracker Purchase rates, an increase in selected fixed and tracker Remortgage rates, and amendments to our Further Advance rates.

Payment of the £99 booking fee

Nationwide Building Society — Wed, 09 Sep 2009 12:00:00 GMT

On the 4th August 2009 we introduced a non-refundable booking fee of £99 payable on all products reserved, including products with no reservation fee.

Since the introduction of this new process, we've received a large number of applications without a product booking fee. This has had an effect on our service standards. We are therefore making a change to the way we deal with applications received without the booking fee.

Fixed and tracker rates reduced by up to 0.50%

Nationwide Building Society — Mon, 03 Aug 2009 12:00:00 GMT

From 4 August 2009 we will be enhancing our product range and changing our fee structure. Fixed and tracker rates are reduced by up to 0.50% and a new £99 non-refundable booking fee will be payable on all products reserved - this includes products with no reservation fee. Reservation fees are being reduced by £99 so the total arrangement fee remains the same.

New range of 1 and 4 year fixed rate products

Nationwide Building Society — Mon, 20 Jul 2009 12:00:00 GMT

From Tuesday 21 July 2009 we will be expanding our product range, introducing 1 year fixed rate products available for house purchase, and new 4 year fixed rate products available for house purchase, remortgage, and further advance.

Product changes from 23 June 2009

Nationwide Building Society — Mon, 22 Jun 2009 12:00:00 GMT

From Tuesday 23 June 2009 we will be making changes to our product range, key product changes are an increase in all house purchase, selected remortgage, and selected further advance fixed rate products up to 75% LTV.

Product changes from 12 June 2009

Nationwide Building Society — Thu, 11 Jun 2009 12:00:00 GMT

From Friday 12 June 2009 we will be making the following changes to our product range. Key product changes are an increase in all fixed rate products, and an increase in selected tracker products. All other rates and lending criteria remain unchanged.

Changes to further advance rates.

Nationwide Building Society — Tue, 09 Jun 2009 12:00:00 GMT

From Wednesday 10 June 2009 we will be making some changes to our product range. Key changes are all further advance rates increased by 0.30% across all LTV tiers, and 3 year fixed rate remortgage increased to 4.39% at 60% LTV.

New Standard Mortgage Rate

Nationwide Building Society — Thu, 30 Apr 2009 12:00:00 GMT

From Thursday 30 April 2009 we will be launching a new variable rate, the Standard Mortgage Rate (SMR). The SMR is currently only available as a revert rate, starting with a variable rate of 3.99% and comes with the full range of flexible features.

New 2 year trackers with £495 fee

Nationwide Building Society — Fri, 03 Apr 2009 12:00:00 GMT

We are pleased to announce the introduction of a new tracker range with a £495 reservation fee with effect from 7 April 2009. With remortgage tracker rates from 3.59%, purchase tracker rates from 3.64%, and a maximum loan size of £1m for new borrowers up to 60% LTV.