Rate changes and remortgage free standard legals

From tomorrow, Thursday 8 February, we're reintroducing free standard legals into our remortgage range while continuing to offer the £500 cashback option, giving your clients improved choice and flexibility.

The maximum loan size for clients borrowing up to 95% LTV is increasing from £250,000 to £350,000, helping your clients with smaller deposits take their first step onto the housing ladder.

We're increasing a number of 2, 3, 5 and 10 year fixed and tracker rates, alongside selected 2 year fixed and tracker rates across our Equity Share product range. And we're reducing 2 year fixed and tracker rates at 90% LTV.

2 year fixed rate changes

  • 2 year fixed rates increased across 60%, 75%, 80% and 85% LTV tiers, now starting at 1.34%.
  • 2 year fixed rates reduced at 90% LTV.

3 year fixed rate increases

  • 3 year fixed rates increased across 60%, 75%, 80% and 85% LTV tiers, now starting at 1.74%.

5 year fixed rate increases

  • 5 year fixed rates increased across 60%, 75%, 80% and 85% LTV tiers, now starting at 1.99%.

10 year fixed rate increases

  • 10 year fixed rates increased across 60%, 80% and 85% LTV tiers, now starting at 2.59%.

2 year tracker rate changes

  • 2 year tracker rates increased across 80% and 85% LTV tiers.
  • 2 year tracker rates reduced at 90% LTV.

Equity Share 2 year rate increases

  • 2 year fixed and tracker rates increased at 60%, 75% and 80% LTV tiers, now starting at 1.49%.

Existing mortgage members switching will continue to receive our £100 cashback offer.

Download the latest product guide

How to reserve existing products

New Business

You can reserve existing products through NFI Online or NFI MTE until 5.00pm, Wednesday 7 February 2018. Paper applications must be posted to the address below with a postmark no later than Wednesday 7 February 2018.

Northampton Service Centre (IPA)
Kings Park Road
Moulton Park
Northampton
NN3 6NW

Rate Switch

You can reserve existing products through NFI Online or NFI MTE until 5.00pm, Wednesday 7 February 2018. Paper applications must be emailed to intermediary.switching@nationwide.co.uk before 5.00pm on Wednesday 7 February 2018.

Please note new products may not show on sourcing systems immediately.