Nationwide cuts mortgage rates for first-time buyers, home movers and people remortgaging

03 August 2026

Reductions of up to 0.19 percentage points for new and existing customers across first-time buyer, home mover and remortgage ranges
Nationwide’s lowest fixed rate now 4.52% for new and existing customers looking to move home

Nationwide will be cutting rates across its fixed mortgage range, supporting first-time buyers, home movers and people remortgaging. The new rates will be effective from tomorrow, Tuesday 4 August.

These latest changes will see rates reduced by up to 0.19 percentage points across two, three and five-year fixed rate products. This now means Nationwide’s lowest rate1 now stands at 4.52%.

The new rates include:

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

Two-year fixed rate at 90% LTV with a £999 fee is 4.88% (reduced by 0.10%)
Three-year fixed rate at 60% LTV with a £999 fee is 4.69% (reduced by 0.15%)
Two-year fixed rate at 95% LTV with a £999 fee is 5.25% (reduced by 0.19%)

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

Three-year fixed rate at 80% LTV with a £999 fee is 4.84% (reduced by 0.15%)
Two-year fixed rate at 60% LTV with a £1,499 fee3 is 4.52% (reduced by 0.02%)
Two-year fixed rate at 95% LTV with a £999 fee is 5.25% (reduced by 0.19%)

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.

Remortgage: reductions of up to 0.13% across two, three and five-year fixed rate products up to 95% LTV, including:

Five-year fixed rate at 75% LTV with a £999 fee is 4.81% (reduced by 0.13%)
Three-year fixed rate at 85% LTV with a £999 fee is 4.99% (reduced by 0.10%)
Two-year fixed rate at 60% LTV with a £999 fee is 4.70% (reduced by 0.07%)

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

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

“After a period of increasing swap rates, recent falls have created an opportunity for us to reduce mortgage rates, and we’re moving swiftly to ensure new and existing customers can benefit. These rate cuts will benefit a wide range of customers – first-time buyers, new and existing customers moving home as well as those remortgaging to Nationwide.”