Natinowide’s first time buyers ‘Homemover’ mortgage gets rate cut

Nationwide is to cut the price of its 5 and 25-year fixed rates. With effect from 26 October 2007, five-year fixed rate deals will be available from 5.63 per cent. In addition, the fee for home buyers and remortgagors taking a five-ear fixed rate deal is being reduced by Ј100 to Ј499… At the same time Nationwide is cutting the rate on its 25 year fixed rate mortgage, which will now be available from 5.98 per cent.

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