Nationwide mortgage fixed rate ending

larner
larner Posts: 14 Forumite
Eighth Anniversary First Post Combo Breaker
in Mortgages & endowments
I have a nationwide 5 year fixed rate mortgage ending in January. I was gonna fix a new deal nearer the time my mortgage ends.

Seeing the news today should I accept the current offer of 3.99 on a new 5 year fixed with nationwide whilst the offer is still there?


Comments

  • MFWannabe
    MFWannabe Posts: 2,449 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Will there be any ERC? 
    Personally I would take this offer while it’s there as today it’s said most are now 5%

    MFW 2025 #50: £711.20/£6000

    07/03/25: Mortgage: £67,000.00
    18/01/25: Mortgage: £68,500.14
    27/12/24: Mortgage: £69,278.38 

    27/12/24: Debt: £0 🥳😁
    27/12/24: Savings: £12,000

    07/03/25: Savings: £16,500

  • K_S
    K_S Posts: 6,869 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    larner said:
    I have a nationwide 5 year fixed rate mortgage ending in January. I was gonna fix a new deal nearer the time my mortgage ends.

    Seeing the news today should I accept the current offer of 3.99 on a new 5 year fixed with nationwide whilst the offer is still there?


    @larner Hopefully you can get it before it's pulled but Nationwide have upped their existing customer switch rates from tomorrow.

    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. 

    PLEASE DO NOT SEND PMs asking for one-to-one-advice, or representation.

  • CSL0183
    CSL0183 Posts: 286 Forumite
    Part of the Furniture 100 Posts Name Dropper
    edited 27 September 2022 at 9:22PM
    larner said:
    I have a nationwide 5 year fixed rate mortgage ending in January. I was gonna fix a new deal nearer the time my mortgage ends.

    Seeing the news today should I accept the current offer of 3.99 on a new 5 year fixed with nationwide whilst the offer is still there?


    Deals have been pulled as from 8pm this evening so if you haven’t got your application in then you’re going to get hit by the higher rates. 

    Table in the post above applicable since 8pm this evening. 

    Let’s just hope you got in in time otherwise that’s quite a hike. 
  • Toonartist
    Toonartist Posts: 18 Forumite
    10 Posts
    Wow... that was close. I just completed my application for the 3.79 10yr fixed yesterday. Given I was on 2% over BoE with Nationwide, I'm happy with this outcome as I don't see int rates dropping below 1.79% for some time.
  • tony3619
    tony3619 Posts: 406 Forumite
    Ninth Anniversary 100 Posts Name Dropper Combo Breaker
    Any idea what TSB rates are likely to do? Currently 4.39% for 2 year fix for existing customers 
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