Nationwide cuts switcher mortgage rates for existing customers

09 June 2026

Reductions of up to 0.12 percentage points for existing customers switching to a new deal, with rates starting from 4.56%

Nationwide is cutting rates across its switcher range by up to 0.12 percentage points. The new rates, across two, five and ten-year fixed rate products, will be effective from tomorrow, Wednesday 10 June.

Switcher rates, which are for existing Nationwide customers coming to the end of their current mortgage deal, start from 4.56%.

The new rates include:

• Two-year fixed rate at 60% LTV with a £999 fee is 4.56% (reduced by 0.03%)
• Five-year fixed rate at 60% LTV with a £999 fee is 4.59% (reduced by 0.10%)
• Five-year fixed rate at 75% LTV with no fee is 4.83% (reduced by 0.12%)

Carlo Pileggi, Nationwide’s Head of Mortgage Products, said:

“We’re making these latest rate cuts to support existing customers as they come to the end of their current deal. Together with our pricing pledge – ensuring switcher rates will be the same or lower than the remortgage equivalents – it reflects our commitment to helping our customers secure the best possible rate on a new mortgage deal.”