Nationwide cuts fixed and tracker rates

With effect from Friday 6 November 2009, Nationwide is cutting its rates on selected fixed-rates and tracker mortgages.

Purchases:
Two year fixed rate available from 3.78% (up to 70% LTV) and two year tracker available from 2.78% (up to 70% LTV)
New customers can borrow up to 85% LTV
Existing borrowers who are moving home can borrow up to 95% LTV
£99 booking fee (payable upfront and non-refundable)
£896 reservation fee

Two year fixed rate available from 3.88% (up to 70% LTV) and two year tracker available from 2.99% (up to 70% LTV)
New customers can borrow up to 85% LTV
Existing borrowers who are moving home can borrow up to 95% LTV
£99 booking fee (payable upfront and non-refundable)
£396 reservation fee

Remortgages:
Two year fixed rate available from 4.37% (up to 60% LTV) and two year tracker available from 3.48% (up to 60% LTV)
New customers can borrow up to 85% LTV on the fixed rate and up to 75% on the tracker rate
£99 booking fee (payable upfront and non-refundable)
£396 reservation fee

Two year fixed rate available from 4.87% (up to 60% LTV)
New customers can borrow up to 85% LTV
£99 booking fee (payable upfront and non-refundable)
No reservation fee