17 Aug 2026

Nationwide makes further rate cuts to fixed mortgage range

  • Reductions of up to 0.15 percentage points for new and existing customers across first-time buyer, home mover and remortgage ranges
  • Nationwide’s lowest fixed rate now 4.48% for new and existing customers looking to move home

Nationwide is again 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 18 August.

These latest changes will see rates reduced by up to 0.15 percentage points across two, three and five-year fixed rate products. This means Nationwide’s lowest rate1 now stands at 4.48%.

The new rates include:

First-time buyers: reductions of up to 0.10% across two, three and five-year fixed rate products up to 95% LTV, including:

  • Five-year fixed rate at 90% LTV with a £999 fee is 4.82% (reduced by 0.07%)
  • Three-year fixed rate at 60% LTV with no fee is 4.99% (reduced by 0.09%)
  • Two-year fixed rate at 95% LTV with no fee is 5.34% (reduced by 0.10%)

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 0.10% across two, three and five-year fixed rate products up to 95% LTV, including:

  • Five-year fixed rate at 90% LTV with a £999 fee is 4.81% (reduced by 0.07%)
  • Two-year fixed rate at 60% LTV with a £1,499 fee3 is 4.48% (reduced by 0.04%)
  • Three-year fixed rate at 95% LTV with a £999 fee is 5.24% (reduced by 0.10%)

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 0.15% across two, three and five-year fixed rate products up to 90% LTV, including:

  • Five-year fixed rate at 60% LTV with no fee is 4.79% (reduced by 0.10%)
  • Three-year fixed rate at 60% LTV with no fee is 4.94% (reduced by 0.15%) 

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: “We’re pleased to announce a further set of rate cuts across our fixed mortgage range, building on the cuts we made at the beginning of August. These latest changes bring our lowest mortgage rate back below 4.5 per cent for new and existing borrowers moving home, whilst also maintaining our support for first-time buyers with smaller deposits and those remortgaging.”

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Notes to editors

1 Nationwide’s 4.48% rate is available to new and existing customers looking to move home and taking out a two-year fixed rate product at 60% Loan-to-Value (LTV) with a £1,499 fee.

2 Green Reward:

The Green Reward is aimed at encouraging people to consider buying greener homes, with more cashback available to those purchasing the most energy-efficient properties. Those purchasing a home with an SAP rating of 92 or above (EPC-A rated) will benefit from £500, while those buying somewhere rated at SAP 86 to 91 (high EPC-B rating) will receive £250. For first-time buyers, the Green Reward would be in addition to the £500 cashback that they receive for completing their mortgage with Nationwide.

3 Minimum loan size on £1,499 fee products is £300,000.

Details of the rates across Nationwide’s mortgage range can be found here: Rate changes