Nationwide cutting the price of some fixed rate deals from May 16

KTF

Not seen this posted yet but the rates are going down from May 16.

The new rates are as follows: House Purchase

• Two year fixed rate (with £599 fee) available from 5.95% (previously 6.10% with £499 fee)
• Two year fixed rate (no fee) available from 6.35% (previously 6.50%)
• Five year fixed rate (with £599 fee) available from 5.85% (previously 6.15% with £699 fee)

Remortgage and additional borrowing

• Two year fixed rate (with £599 fee) available from 6.15% (previously 6.30% with £499 fee)
• Two year fixed rate (no fee) available from 6.55% (previously 6.70%)
• Five year fixed rate (with £599 fee) available from 5.95% (previously 6.15% with £699 fee)

Exclusive deal for Nationwide borrowers changing mortgage

• Five year fixed rate (no fee) available from 5.95% (previously 6.15%)

From: http://www.nationwide.co.uk/mediacentre/PressRelease_this.asp?ID=1200

3stripe

Still not quite as good as HSBC....

TwelfthMan

Just spotted this on the Nationwide intermediaries site. I've just recommended a 5yr fix at 6.35% for a customer remortgaging. Will be straight on the phone to them tomorrow morning to say we'll hang fire with getting the app in til Friday.

Hopefully a few others will follow suit in the next 24 hours and I might even beat that one.