Nationwide is reducing rates on some of its most popular mortgages.
Nationwide is cutting rates by up to 0.7 per cent across fixed and tracker deals, even for those with smaller deposits.
Two-year fixed rate mortgages are now available from 1.94 per cent, three-year fixed rates start from 2.39 per cent and five-year fixed rates start from 2.99 per cent.
Two-year tracker rates will now start at just 1.69 per cent.
Existing customers will continue to benefit from an additional 0.1 per cent reduction whenever they make a new application to move home or switch products.
Tracie Pearce, head of mortgages at Nationwide, said: “With increased debate around the possibility of an interest rate rise, customers are keen to access competitively-priced fixed rates and trackers.”
