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Return of 95% LTV mortgage from Nationwide

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  • Return of 95% LTV mortgage from Nationwide

    Nationwide Building Society has reintroduced a 95% loan-to-value mortgage to its existing customers. However, borrowers will have to pay an interest rate of 7.18%, which is 5.18% above base rate, for a two-year, fixed-rate mortgage. A minimum of £25,000 must be borrowed and there is no arrangement fee. Although the new product is expensive, it will [...]

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  • #2
    Kinf of a pointless move really as existing Nationwide mortgage customers could just move onto their SVR at 4% which will cost them nothing and they will also have no early repayment charge.
    Worldwide Financial Planning is a specialist independent provider of Large mortgages.