Nationwide Building Society Offers New Mortgage Deals for 2010

LONDON, Jan. 8 /PRNewswire/ -- Nationwide Building Society has announced that with effect from Friday 8 January 2010, Nationwide will cut rates on a number of fixed and tracker rate mortgage and remortgage products.

The majority of cuts will be made on rates available on loans of between 70% and 85% LTV. The biggest reduction of 0.60% has been made on selected two year fixed rate deals available to house purchase customers at 80% LTV.

As well as other products, the mortgage rates for mortgages and remortgages available from Nationwide will include the following:

For those buying a home:

Two year fixed rate available from 3.69% (up to 70% LTV) and two year tracker available from 2.64% (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 pounds Sterling booking fee (payable upfront and non-refundable)
• 896 pounds Sterling reservation fee

Two year fixed rate available from 3.99% (up to 70% LTV) and two year tracker available from 2.94% (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 pounds Sterling booking fee (payable upfront and non-refundable)
• No reservation fee; free legals available

Three year fixed rate available from 4.39% (up to 70% LTV) and three 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 pounds Sterling booking fee (payable upfront and non-refundable)
• 896 pounds Sterling reservation fee (reservation fee discount available to first time buyers of 500 pounds Sterling or 250 pounds Sterling plus free legals)

Nationwide Building Society also offers life cover for mortgage life insurance to protect your mortgage payments.

For buildings and contents insurance for your house, Nationwide can offer a competitive home insurance quote.

    Contact:

    Neil Gatherum
    Digital Marketing
    T: 01793 654852
    www.nationwide.co.uk

SOURCE Nationwide Building Society