Nationwide Rate Change - when?

With lenders frantically changing rates does anyone have an idea when Nationwide will change theirs, is one exepcted in Jan? Current deal coming to an end and alternatives are cheaper but so much easier to go with existing lender to avoid all the hassle
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  • My post is a few down. Same question 😂


    fingers crossed it’s soon 
  • onefurlongout
    onefurlongout Posts: 187
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    My bad for not looking :)

    Fingers crossed, looking like I might have to go on SVR for a month
  • When does yours end?  

    Quite a few of the other banks have cut so you would imagine nationwide won’t be to far away from joining them very soon 


  • Hoenir
    Hoenir Posts: 1,082
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    All depends on their appetite to lend and the cost to them of borrowing the money. 
  • onefurlongout
    onefurlongout Posts: 187
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    When does yours end?  

    Quite a few of the other banks have cut so you would imagine nationwide won’t be to far away from joining them very soon 


    End of the month. monthly amount will go up by £408 if going to SVR or c.£170 if I go elsewhere althought timing will be tight to change before the month end hence the need to go onto SVR. Staying with Nationwide (on a new rate) would be preferable
  • onefurlongout
    onefurlongout Posts: 187
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    Hopefully should hear something tomorrow re Nationwide rates - Fingerscrossed for a good news
  • kingstreet
    kingstreet Posts: 38,593
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    Nationwide rate reductions for tomorrow already announced.
    I am a mortgage broker. 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.
  • Exodi
    Exodi Posts: 2,747
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    edited 23 January at 3:55PM
    Nationwide rate reductions for tomorrow already announced.
    Some of the rates for those wondering: https://www.nationwidemediacentre.co.uk/news/nationwide-cuts-mortgage-rates-by-up-to-0-81-percent
    Know what you don't
  • Zerforax
    Zerforax Posts: 333
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    The rates may look lower at Nationwide but the product fees are very high! Most are £999 or £1,499.
  • draiggoch
    draiggoch Posts: 152
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    I have to say the 5 year fix for 60%LTV is quite decent at 3.99% with no fee.
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