I am pleased to announce this fantastic new mortgage product from one of our leading lenders: Nationwide Building Society who is also offering reduced fees on its 5 year fixed rates.
This means that first time buyers benefiting from a £700 discount on their normal £900 product fees position.
Product features:
- £450 for purchase & remortgage clients
- £200 for first time buyers
- A £99 booking fee also applies
The fee sale is available on all 5 year products – including 90% LTV and NewBuy options.
Take a look at some of the highlights below for purchase and remortgage:
- 3.99% (APR 4.2) 5 year fixed to 70% LTV
£450 product fee / £200 for FTB’s
£99 booking fee - 4.29% (APR 4.3) 5 year fixed to 75% LTV
£450 product fee / £200 for FTB’s
£99 booking fee
APR based on a £150,000 repayment mortgage over a 25 year term.
My view
Personally I much prefer the way Nationwide processes mortgages. Their initial Decision-In-Principle is much more reliable than their competitors as they ask for supporting documents at the start of the process that way you know exactly where you stand. It also shortens the back-end mortgage application process.
I am also pleased at the news that this product is available on the recently announced NewBuy scheme which we can also help with.
For more information on how we can help you get a competitive fixed rate mortghage please contact us on 0207 993 2044 or alternatively complete the simple enquiry form on the top right hand side of this page.
Author: Payam Azadi
Payam Azadi is a partner at Niche Advice who are whole of the market Independent Mortgage Brokers. His role is very much focused on Property financing both on residential and commercial lines. To get in contact with him please click here.
