Nationwide cuts mortgage rates with lowest now at 3.64%
Nationwide has announced reductions of up to 0.25 percentage points across its range of fixed-rate mortgage products for both new and existing customers. These adjustments apply to two, three, five, and ten-year deals and will take effect from Wednesday, 5 November.
Key details of the rate cuts
- The lowest rate now offered by Nationwide stands at 3.64%, available for borrowers taking out a two-year fixed product at 60% Loan-to-Value (LTV) with a £1,499 fee.
- Reductions of up to 0.24% will apply to customers moving home across products up to 95% LTV.
- Remortgage customers will benefit from rate cuts of up to 0.25% across the same product range.
- Existing customers looking to switch at the end of their current deal will also see competitive reductions.
Commitment to customers
“Nationwide continues to offer existing customers who are moving home the same or lower rate than the equivalent rates available for new customers.”
These changes reinforce Nationwide’s position as a competitive choice in the mortgage market, making sub-4% rates accessible to all borrower types — including first-time buyers, home movers, and those seeking to remortgage.
Author’s Summary
Nationwide lowers fixed mortgage rates by up to 0.25 points, introducing a market-leading 3.64% rate to support both new and loyal borrowers across multiple mortgage types.