Nationwide the cheapest mortgage?
Nationwide have cut their mortgages rates yet again holding firm as one of the most competitive lenders on the high street. The new rates went in to effect on 21st June 2005, which see their mortgage rates now at 4.49% for a two year fixed deal, 4.69% for a three year fixed deal and 4.79% for a 5 year fixed deal. For those willing to take a gamble Nationwide’s tracker rate has been slashed from 4.99% to 4.74%.
Marketing director of Nationwide, Steve Clode said “Other lenders might tweak one or two rates to grab headlines. Once again we’ve shown our commitment to fairness and value by cutting the cost of borrowing across our full range of fixed rate deals and adjusting our two year tracker to ensure we offer a good choice for new and existing borrowers”.
With minimal fees and a lot of flexabilty the Nationwide mortgage is looking like a winner in an ever competitive market.