Home » Nationwide Launches Cheap Mortgages for 2012
The Nationwide building society launched a new two-year fixed rate mortgage deal this week, aimed at existing customers, people seeking to move home and first-time buyers alike. The 90 per cent loan-to-value (LTV) mortgage comes with an interest rate of 5.29 per cent with a £900 arrangement fee, or a rate of 5.69 with no fee. First-time buyers are also being tempted to choose the Nationwide mortgage with the offer of £500 off the arrangement fee. Another product launched recently by the building society is a five-year fixed-rate mortgage at 70 per cent LTV with an interest rate of just 3.59 per cent, along with a £900 booking fee and an additional £99 booking charge aimed at existing Nationwide customers, people seeking a remortgage and house-buying customers. For an interest rate of 3.79 per cent, the lender will waive the £900 fee but the £99 booking charge will still apply. Nationwide head of mortgages Martyn Dyson commented: “We are continuing our support for the housing market by extending our range of 90 per cent LTV mortgages to now include two-year fixed rate products.” “It means we offer a comprehensive fixed rate range at 90 per cent LTV including two, three and five year fixed rate deals, offering some of the best low deposit deals currently available.” Rival lender the Chelsea Building Society has also started the year by launching a new range of mortgage products, with cheaper two, three and five-year fixed-rate mortgages, plus reductions in the cost of its tracker mortgages.
Published on 23 May 2020
SHARE
About the author:
The Mortgage Broker
The Mortgage Broker is an award-winning UK mortgage and protection specialist with decades of experience helping thousands of customers secure suitable and affordable mortgage solutions. Regulated by the Financial Conduct Authority, all advisers are minimum CeMAP-qualified and known for delivering clear, transparent, and expert guidance whether helping first-time buyers, home movers, remortgage clients or those with complex or adverse-credit needs. Recognised as a finalist at the Mortgage Strategy Awards 2025, The Mortgage Broker combines digital speed with human trust, offering access to over 130 lenders and more than 25,000 products. The company’s app, secure client portal and easy-to-use tools make it simple for customers to compare rates, track progress, and stay informed from start to finish.
With more than 2,500 verified five-star Trustpilot reviews, clients consistently praise the firm’s professionalism, value for money, and personal service. Reviews highlight the team’s ability to explain complex mortgage and protection topics in plain English, providing support throughout the entire journey. The company’s reputation for knowledge, empathy, and reliability has made it one of the UK’s most trusted brokers, delivering advice that is honest, transparent, and tailored to each individual’s financial goals.
Every part of The Mortgage Broker’s service reflects Google’s E-E-A-T principles: Experience, Expertise, Authoritativeness, and Trustworthiness. Its team has decades of hands-on industry knowledge, proven technical expertise, and national recognition supported by awards, media features, and verified customer feedback. As an FCA-regulated firm with a 5-star reputation, The Mortgage Broker stands for no-nonsense advice, common-sense lending, and exceptional customer outcomes — setting the standard for trusted mortgage advice across the UK.
Written by Monsor Malik, Mortgage Adviser, The Mortgage Broker Book a free landlord review with Monsor, here. Why Q1 matters for new build buyers Q1 is a busy period for developers. It’s when sales teams often focus on securing reservations that can complete later in the year, helping them keep build schedules and targets on … Continue reading “Selling Your Home to Buy a New Build: Why Q1 Is the Time to Act”
Written by Harrison Andrews, Mortgage Adviser, The Mortgage Broker Book a free landlord review with Harrison, here. If you are self-employed and thinking about buying a home, January is one of the most useful moments in the year to stop guessing and start planning. Not because you should rush into a purchase, but because January … Continue reading “Why January Is the Best Time for Self-Employed Mortgage Planning”
Written by Craig Leigh, Mortgage Adviser, The Mortgage Broker Book a free landlord review with Craig, here. Buying a home is one of those big “adulting” moments that sounds exciting, but quickly becomes confusing. There’s advice everywhere, jargon you’ve never used before, and a nagging feeling that everyone else knows what they’re doing except you. … Continue reading “Mortgage Planning vs House Hunting: Which Should Come First?”
View all posts by The Mortgage Broker 
