{"id":44178,"date":"2023-11-30T17:59:05","date_gmt":"2023-11-30T17:59:05","guid":{"rendered":"https:\/\/lethal-industry.com\/?p=44178"},"modified":"2023-11-30T17:59:05","modified_gmt":"2023-11-30T17:59:05","slug":"full-list-of-nationwide-building-society-mortgage-rate-reductions","status":"publish","type":"post","link":"https:\/\/lethal-industry.com\/world-news\/full-list-of-nationwide-building-society-mortgage-rate-reductions\/","title":{"rendered":"Full list of Nationwide Building Society mortgage rate reductions"},"content":{"rendered":"

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Nationwide Building Society has announced further reductions to mortgage rates in a boon for homeowners.<\/p>\n

Specifically, the building society is slashing switcher rates by upwards of up to 0.31 percentage points.<\/p>\n

This will be implemented across Nationwide\u2019s two, three and five-year fixed rate products up to 95 percent LTV.<\/p>\n

A ‘rate switch’ is when a mortgage holder decides to switch to a better rate with their existing lender.<\/p>\n

Over the past year, homeowners have been forced to contend with soaring interest rates which have pushed mortgage repayments up.<\/p>\n

Read more… First-time buyers face ‘stark reality’ with ‘limited’ Mortgage Guarantee Scheme<\/strong><\/p>\n

Martin Lewis speaks on loans and mortgages<\/h3>\n

Rates have been hiked by the Bank of England in an attempt to mitigate the impact of inflation on the economy.<\/p>\n

However, the central bank has signalled its series of base rate increases could be coming to an end very soon.<\/p>\n

Despite this, mortgage holders are unlikely to benefit from this pause in rate rises, or pending rate reductions, for the foreseeable future.<\/p>\n

However, Nationwide customers can still benefit from the building society offering support across its range of mortgage products.<\/p>\n

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Those wanting a full breakdown of the latest interest rates and changes can find them on the building society\u2019s website.<\/p>\n

The new rates from Nationwide include:<\/p>\n