Nationwide makes further rate cuts across its mortgage range

06 July 2026

Rate cuts of up to 0.19 percentage points across Nationwide’s fixed rate mortgage range
Selected tracker mortgage rate cuts by up to 0.12 percentage points
First-time buyers, home movers and those looking for a new mortgage deal will benefit from these latest cuts

Nationwide is making further rate cuts across its fixed rate mortgage range, and also cutting rates on selected tracker mortgage products, in a further boost for both new and existing customers.

Rates will be reduced by up to 0.19 percentage points across two, three, five and ten-year fixed rate products, while rates will be cut by up to 0.12 percentage points on selected two-year tracker products.

The new rates are effective from tomorrow, Tuesday 7 July, and will apply across first-time buyer, home mover, remortgage and switcher products, as Nationwide reinforces its position as an all-round lender supporting all borrowers.

The new fixed rates include:

Remortgage: reductions of up to 0.19% across two, three, five and ten-year fixed rate products up to 95% LTV, including:

Two-year fixed rate at 90% LTV with a £999 fee is 4.99% (reduced by 0.15%)
Five-year fixed rate at 60% LTV with a £999 fee is 4.49% (reduced by 0.10%)
Two-year fixed rate at 60% LTV with a £1,499 fee1 is 4.37% (reduced by 0.07%)
Two-year fixed rate at 90% LTV with no fee is 5.20% (reduced by 0.19%)

Switcher (for existing Nationwide customers coming to the end of their current mortgage deal): reductions of up to 0.16% across two, three, five and ten-year fixed rate products up to 95% LTV, including:

Two-year fixed rate at 60% LTV with a £999 fee is 4.37% (reduced by 0.07%)
Two-year fixed rate at 80% LTV with no fee is 4.98% (reduced by 0.16%)
Five-year fixed rate at 60% LTV with a £999 fee is 4.44% (reduced by 0.10%)

These latest changes continue Nationwide’s existing mortgage customer pricing pledge, meaning that all switcher product rates will be the same as or lower than the remortgage equivalents.

First-time buyers: reductions of up to 0.19% across two, three, five and ten-year fixed rate products up to 95% LTV, including:

Five-year fixed rate at 60% LTV with a £999 fee is 4.37% (reduced by 0.19%)
Two-year fixed rate at 90% LTV with no fee is 4.93% (reduced by 0.13%)
Five-year fixed rate at 90% LTV with a £999 fee is 4.61% (reduced by 0.13%)
Five-year fixed rate at 95% LTV with a £999 fee is 5.08% (reduced by 0.12%)

First-time buyers also receive £500 cashback when they complete their mortgage with Nationwide. First-time buyers and those moving home can also benefit from cashback of up to £500 if they purchase an energy-efficient property through Nationwide’s Green Reward.2

Existing and new customers moving home: reductions of up to 0.15% across two, three, five and ten-year fixed rate products up to 95% LTV, including:

Five-year fixed rate at 90% LTV with no fee is 4.69% (reduced by 0.10%)
Three-year fixed rate at 75% LTV with a £999 fee is 4.49% (reduced by 0.10%)
Two-year fixed rate at 85% LTV with a £999 fee is 4.45% (reduced by 0.09%)
Three-year fixed rate at 95% LTV with a £999 fee is 5.16% (reduced by 0.15%)

The latest changes again demonstrate how Nationwide continues to offer existing customers who are moving home the same or lower rate than the equivalent rates available for new customers.

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

“Another set of rate cuts across our mortgage range is further proof that Nationwide is an all-round lender committed to supporting all types of borrowers. The changes we’re making tomorrow will ensure we remain competitive and continue to be front of mind for brokers and customers alike in a fast-moving mortgage market.”