Please note we do not currently offer new mortgages on an interest only or part and part basis.
The tracker floor is 0.00%. This means that if the Bank of England Base Rate is 0.00% or less during the tracker period, the rate you pay will be 0.00% plus the agreed set percentage above the Bank of England Base Rate. This means that the rate you pay will never go below 0.00% plus the additional percentage rate of your tracker mortgage.
Our tracker rates assume a Bank of England Base Rate of 0.25% and have a tracker floor of 0.00%. Correct as at 9 August 2016.
There is a minimum borrowing limit of £5,000 for all existing mortgage customer transactions, except for customers seeking to switch their Nationwide mortgage where a minimum borrowing limit of £1,000 applies. There is a minimum borrowing limit of £25,000 for all new mortgage customer transactions.
Remortgages between 80% - 85% LTV can either be used to increase borrowing for home improvement or for remortgaging to Nationwide on a like-for-like basis (i.e. the same amount in £s as your current mortgage).
Remortgages higher than 85% LTV can only be used to remortgage to Nationwide on a like-for-like basis (i.e. the same amount in £s as your current mortgage).
Our mortgage products can change or be withdrawn at any time. To ensure you get a particular rate we must accept your application and you must pay the non-refundable upfront booking fee (if applicable) and any product fee for the product.
Early Repayment Charges may apply. See fees and charges for more details.