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Changes ot Nationwide mortgage pricing

I found this on TMF but am unable to find it on the Nationwide website.

http://cecollect.com/ve/ZZLs979561w28809282X

We will be increasing our fixed rate mortgage products from 16 May:-

• 2 year fixed rate with £999 reservation fee from 5.43%
• 2 year fixed rate with £499 reservation fee from 5.58%
• 2 year fixed rate with no reservation fee from 5.98%
• 3 year fixed rate with £499 reservation fee from 5.78%
• 5 year fixed rate with £499 reservation fee from 5.58%
• 10 year fixed rate with £499 reservation fee from 5.58%

We will also be increasing the following tracker rate mortgage product:-

• 2 year tracker rate with £1,999 reservation fee from 4.59%

The 2 year tracker with £599 reservation fee from 4.98%, 2 year tracker with no reservation fee from 5.38% and Lifetime tracker from 5.44% remain unchanged.

All reservation fees remain unchanged.

Comments

  • payless
    payless Posts: 6,958
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
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    If only you knew what trouble that link caused earlier
    Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.
  • MortgageMamma
    MortgageMamma Posts: 6,686
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    Do you still feel the same now a non-broker has posted it payless?
    I am a Mortgage Adviser

    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • payless
    payless Posts: 6,958
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    Well - I don't think it ( the link that is , I'm Ok will the general message it covers ) should be posted as its clearly meant for intermediary use , although for it to come into public domain ,I assume a broker has released it elsewhere , and IMHO should know better. ( Mystic Trev I assume is not a broker, and therefore is not required to know the prescribed format for consumer information)
    Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.
  • MortgageMamma
    MortgageMamma Posts: 6,686
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    Do you think there is any information in there that could potentially damage a consumer if read? (this is not an attack or a point proving statement, I am just interested in why it annoyed you so much)
    I am a Mortgage Adviser

    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • mystic_trev
    mystic_trev Posts: 5,434
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
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    Sorry, the link came from The Motley Fool. Have I missed something?
  • payless
    payless Posts: 6,958
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Forumite
    Do you think there is any information in there that could potentially damage a consumer if read? (this is not an attack or a point proving statement, I am just interested in why it annoyed you so much)

    maybe not on this ocassion , but if you recall I just pointed out that not good practice to link to transmissions aimed at non-industry professionals ( and still stand by that ) and that I doubted that the company in question ( nor the regulators) would like it done

    As far as getting annoyed on that thread I don't think I did .. but seem to think that you and other posters got a bit heated
    Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.
  • payless
    payless Posts: 6,958
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Forumite
    Sorry, the link came from The Motley Fool. Have I missed something?

    I have sent you a PM
    Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.
  • MortgageMamma
    MortgageMamma Posts: 6,686
    Part of the Furniture 1,000 Posts Combo Breaker
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    Ah don't worry trev. you missed a bit but it was not directly relevant to the Nationwide rates anyway. As someone said to me earlier its best to let sleeping dogs lie. I'm sure people will benefit from the rates you have posted and thats the main point of the forum, exchange of mutually beneficial information without personal gain. Good on you.MM
    I am a Mortgage Adviser

    You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Gray0103
    Gray0103 Posts: 100 Forumite

    • 2 year fixed rate with £999 reservation fee from 5.43%
    • 2 year fixed rate with £499 reservation fee from 5.58%

    Phew, got a 2 year Fixed at £399 reservation fee on Saturday
    Only one Debt left and thats the Mortgage

    June 05 - £110,500
    June 06 - £ 99,000
    June 07 - £96,000
    June 08 - £90,000 TARGET
    June 09 - £85,000 TARGET
This discussion has been closed.
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