Mortgage Strategy - Nationwide cuts resi fixes with lowest rate starting at 3.78%

Aaron Strutt Image

Nationwide will cut rates by up to 26 basis points across selected fixed-rate residential products, with its lowest offer starting at 3.78%. The building society says its 3.78% rate is available to new and existing home movers.

Trinity Financial product and communications director Aaron Strutt told Mortgage Strategy magazine: “Nationwide has acted swiftly to undercut HSBC’s 3.81% five-year fix, showing how keen the lenders are to offer the cheapest deals. “The good thing about Nationwide’s rates is that they are not just available to premier customers, although the minimum loan size is £300,000.”

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