Hot of the press – Nationwide is reducing the majority of its 2 year and 3 year fixed mortgage rates for new clients and offering a three-year fixed rate with a £999 fee at 2.89%, up to 70% LTV.
From Wednesday 10th August Nationwide is reducing its two-year fixed mortgage rates by 0.25% and selected three-year fixed mortgage rates by 0.50%. This can only be good news for contractors looking to secure a fixed rate mortgage in August.
The rate improvements mean Nationwide will offer a three-year fixed rate at 2.89%, up to 70% LTV with a £900 product fee and £99 booking fee.
Nationwide is also offering a 2 year fixed rate at 2.64% for contractors with a 40% deposit, with a £900 product fee and £99 booking fee for house purchase and remortgage customers and a £500 product fee discount for first-time buyers.
This comes only after Nationwide reduced their 5-year fixed rate mortgage last week, so this latest set of improvements is further great news for contractors considering fixed rate deals.
Our specialist contractor mortgage advisers are on hand to help with your current or future requirements today.
Freelancer Financials provides mortgages for contractors based on contract rate alone. We take the hassle out of obtaining a mortgage, or remortgage, because we have special relationships with senior underwriters who understand the way you work!
Call us on 020 8421 7999 or email mortgages@freelancerfinancials.com
