Nationwide offering two, three and five-year fixed rate mortgages below 1%
Nationwide Building Society has launched a selection of the cheapest ever mortgages.
The lender offers the first-ever sub-1% five-year fixed rate and two- and three-year fixes priced just over 0.90%.
Trinity Financial's brokers have access to Nationwide’s new products through the lender's intermediaries arm, and they are available for mortgages between £275,000 and £1 million.
The super-cheap fixes have £1,499 arrangement fees, and they are available to borrowers looking to move home or remortgage. They are available to borrowers with a 40% deposit.
|
Nationwide's rate |
Type and period |
Deposit |
Reversion rate |
APRC |
Fee |
|
0.91% |
Fixed for two-years |
40% |
3.59% |
3.2% |
£1,499 |
|
0.94% |
Fixed for three-years |
40% |
3.59% |
3.2% |
£1,499 |
|
0.99% |
Fixed for five-years |
40% |
3.59% |
2.7% |
£1,499 |
Aaron Strutt, product director at Trinity Financial, says: “Mortgage lenders have been lowering their rates for years, and we are now at the point where there is a selection of sub-1% deals to choose from. Even if applicants do not quite have a 40% deposit, the rates are not much more expensive.
"If you would like to minimise your monthly costs, it is possible to access Nationwide's new deals on interest-only providing you meet the acceptance criteria. Borrowers will need to earn at least £75,000 for sole applications, rising to £100,000 for joint mortgages."
Call Trinity Financial on 020 7016 0790 to secure one of the cheapest ever rates or book a consultation
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