Nationwide slashes 5 year fixed rates

The UKs largest building society, Nationwide, is to slash the rates across its five-year fixed rate mortgages for homebuyers and remortgage customers by up to 0.31 per cent.

Homebuyer products include a 4.68 per cent five-year fixed-rate, with a loan-to-value up to 70 per cent, and a five-year fixed rate at 5.79 per cent, with a LTV of up to 80 per cent.

Remortgage products include a five-year fixed rate at 4.88 per cent, with an LTV of up to 70 per cent, and a 5.44 per cent five-year fixed, with an LTV up to 75 per cent.

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