Nationwide Change Could See some Customers £360 Worse Off

Nationwide change could see some customers £360 worse off

The world's largest building society has hiked up the rate on some fixed deals

Nationwide raises mortgage rates for new and existing customers

Nationwide has increased pricing on selected fixed rate mortgage products for both new and existing borrowers from today (23rd May). For new business, changes include the 5-year fixed rate at 60% loan-to-value with a £999 fee for purchase, which has risen from 4.29% to 4.44%. The equivalent product at 85% LTV has increased from 4.70% to 4.85%. Similar increases apply across various loan-to-value bands on selected 2- and 5-year fixed products. Fo…